Vivian Ct, Silver Spring, MD 20902
DESCRIPTION:
- We are doing a loan of $125,000 on a property the borrower’s have owned since 2005.
- Borrower will be using funds to purchase another property.
- Cash back at closing $103,000.
PROPOSED TERMS:
Loan Type: | Refinance |
Loan Amounts: | $125,000 1st Mortgage |
Value of Subject Property: | $400,000 |
Loan to Value : | 32% |
Term requested: | 12 Month Balloon |
Exit Strategy: | Resale |
Credit Score | 644 |