• Purpose: Extra capital access until sale of property.
• Property Value: $26 Million, list price is $26 Million
• Notes: New Construction
Terms:
• Loan Amount: $1,825,000
• CLTV: 48%
• Term: 12 months
• Interest Rate: 10.9%
• Source of Loan: Bank Referral
• Purpose: To have access to working capital until home is sold.
• Property Value: 3rd Party Appraisal at $2 Million
• Size: 3 BD, 3 BA, 1900 sf
• Built in 1992
• Terms:
• Loan Amount: $315,000
• CLTV: 42%
• Term: 12 months
• Interest Rate: 10.9%
• Source of Loan: Realtor referral
