PROPERTY:

B & O Ave,  Frederick, MD   21701

DESCRIPTION:

  • Cash out refi of a loan we are holding.
  • House currently under renovation.
  • Excellent credit and Low LTV

 

 

PROPOSED TERMS:

Loan Type: Cash Out Refinance
Loan Amount: $440,000 1st Mortgage
Value of Subject Property: $180,000
Loan to Value: 40%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score 737 /753