Mortgage lead for Land loan in Buford, GA, 30518

Loan Request for Land loan in Buford, GA, 30518

Request #3709452 by Lender

Date Posted

12/12/2024 1:49:20 PM

Property at

Buford, GA, 30518, USA Show Map

Borrower at

Property Type

Land

Property Value

$600,000

Amount of Existing Loans

$219,000

Loan Request

$250,000

LTV

41.67 %

Credit Rating

680-699

Net Worth

$500,000 - $1,000,000

Loan Purpose

Refinance and Construction

Purpose

There are 3 lots of about 1 acre each. Middle lot has 3 bedroom 1 bath with u finished basement house on it, total square footage 2250 square feet. Currently owe $219,000. $360,000 is to pay off existing loan, prep for construction of new house on lot 1 and 3 and acquire another property (SFR) in Katy, Texas.

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Loan Request for Land loan in Buford, GA, 30518