PROPERTY:

Bridgend Run, Fairfax, VA   22030

DESCRIPTION:

  • We are doing a $120,000 lien on a property valued at approx $500,000.
  • Property purchased in November for $488,000
  • Property owned free and clear and currently.

PROPOSED TERMS:

Loan Type: Refinance
Loan Amount: $120,000 1st Mortgage
Value of Subject Property: $500,000
Loan to Value: 25%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score  643