Loan Request for Residential loan in Columbia, TN, 38401

Request #3700692 by Lender

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Date Posted

3/19/2024 2:45:48 PM

Property at

Columbia, TN, 38401, USA Show Map

Borrower at

Property Type

Residential

Property Value

$110,000

Amount of Existing Loans

$6,000

Loan Request

$65,000

LTV

59.09 %

Credit Rating

580-599

Loan Purpose

Refinance and Construction

Purpose

My main purpose is to consolidate $60k of debt. To make the process smoother, I am willing to move out and make it a 2-yr Bridge Loan. Within a year, I would open a construction loan to turn the property into two apartments for medium-term renting.

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Loan Request for Residential loan in Columbia, TN, 38401