Mortgage lead for Residential loan in Fairlawn, OH, 44333

Loan Request for Residential loan in Fairlawn, OH, 44333

Request #3691794 by Lender

Date Posted

6/10/2020 8:54:34 PM

Property at

Fairlawn, OH, 44333, USA Show Map

Borrower at

Akron, OH, 44333, USA Show Map

Property Type

Residential

Property Value

$130,000

Purchase Price

$130,000

Loan Request

$50,000

LTV

38.46 %

Credit Rating

780 or more

Loan Purpose

Property Purchase

Purpose

Hello, this request is going to be used as a bridge loan to purchase my childhood home I grew up in as a kid. In 2015 my mother passed away and unfortunately there was a 1st mortgage left on the property . This loan will be used to pay off the mortgage while transferring the home from Probate to myself a owner. The process will take 1 month and from there I will obtain traditional financing to repay the bridge loan. I can provide additional details as this will be a fairly quick process with a fast return for the investor.

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Loan Request for Residential loan in Fairlawn, OH, 44333