800.883.8290PROPERTY:
N 21st St, PA 19138
DESCRIPTION:
- Purchase price is $60,000 and construction costs are $30,000.
- Cash to close is $21,000.
- Holding $30,000 of the funds which will be reimbursed upon completion of project
- PROPOSED TERMS:
| Loan Type: | Purchase Construction |
| Loan Amount: | $60,000 1st Mortgage |
| Value of Subject Property: | $100,000 |
| Loan to Value: | 60% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resale |
| Credit Score | 692 |
