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Cash Out Loan in Illinois

  • Posted on January 15, 2018
  • Status: Inactive ?

Loan & Collateral

Loan TypeCash Out
Security1st Mortgage
Loan Amount$875,000
Collateral Value$1,600,000
Calculated LTV55% ?
CityChicago
StateIllinois
Property TypeResidential

Exit Strategy

Renovate, rent, traditional refinance in <12 months

Loan Proceeds

Renovation and repairs to ensure market rent

Borrower

ApplicantEric Loya
Agency?Mortgage Broker
Credit Grade Inactive ?
Phone Number Inactive ?

Private Money in Illinois

The MoolahList hard money directory lists 84 lenders in Illinois

Find more hard money lenders.