Loan Request for Residential loan in Avon, NC, 27915

Request #3699193 by Lender

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Date Posted

1/16/2024 1:52:43 PM

Property at

Avon, NC, 27915, USA Show Map

Borrower at

Property Type

Residential

Property Value

$500,000

Amount of Existing Loans

$188,000

Loan Request

$350,000

LTV

70 %

Credit Rating

580-599

Loan Purpose

Refinance all

Purpose

Looking for short term 12 to 24 month cash out refi to turn our now vacant property at the beach into a vacation rental. Cash out will also be used to pay off debt and repair credit. Exit strategy is to sell or refinance with a better credit score if necessary.

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Loan Request for Residential loan in Avon, NC, 27915