Loan Request for Residential loan in Boonville, NC, 27011

Request #3700809 by Lender

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Date Posted

3/26/2024 9:52:36 AM

Property at

Boonville, NC, 27011, USA Show Map

Borrower at

Property Type

Residential

Property Value

$315,000

Amount of Existing Loans

$249,000

Loan Request

$220,500

LTV

70 %

Credit Rating

550-579

Loan Purpose

Refinance all

Purpose

We need to pay off the seller note of $100000 as well as a private note of approx $150,000. Our seller note is priority as it is a lump sum due in June. Currently we pay $500 a month (interest only) on it. The 150k is amortized as a 30 year at $980 a month. We’d prefer to roll them both into one payment.

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Loan Request for Residential loan in Boonville, NC, 27011