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Purchase Loan in Florida

  • Posted on July 12, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$190,000
Collateral Value$235,000
Available Downpayment$15,000
Calculated LTV81% ?
Address 1720 Debby Ave
CityPensacola
StateFlorida
Property TypeMultifamily

Exit Strategy

Prefer 3-5 year interest only note. Refinance and payoff first mortgage. I also am open to a straight up 30 yr rate and term.

Loan Proceeds

Purchase a 4 unit residential property off foreclosure.

Borrower

ApplicantBarry Todd
Agency?Borrower
Credit Grade Inactive ?
Phone Number Inactive ?

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