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Purchase Loan in North-Carolina

  • Posted on September 18, 2013
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$20,500
Collateral Value$80,000
Available Downpayment$1,000
Calculated LTV26% ?
AddressJericho Rd Lot 5 MLS #: 2111937
CityHarmony
StateNorth-Carolina
Property TypeLand

Exit Strategy

Our combined income from disability soc sec is $1900 a month. We will live on the property while we build so we will not have $500 a month rent. This frees up money to build and insure pay back loan.

Loan Proceeds

Land purchase and building materials or well and septic tank

Borrower

ApplicantDaniel W Wright
Agency?Borrower
Credit Grade Inactive ?
Phone Number Inactive ?

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Private Money in North-Carolina

The MoolahList hard money directory lists 78 lenders in North-Carolina

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