PROPERTY:
Kendale Rd, Annandale, VA 22003
DESCRIPTION:
- Cash out refinance of property purchased in June 2015 for $450,000.
- Cash back at close is $151,000.
PROPOSED TERMS:
| Loan Type: | Refinance |
| Loan Amount: | $175,000 1st Mortgage |
| Value of Subject Property: | $550,000 |
| Loan to Value: | 32% |
| Term requested: | 12 Month Balloon |
| Exit Strategy: | Refi property |
| Credit Score | 657 |

