Loan Request for Residential loan in Fergus Falls, MN, 56537

Request #3710400 by Lender

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Date Posted

1/1/2025 3:31:58 PM

Property at

Fergus Falls, MN, 56537, USA Show Map

Borrower at

Property Type

Residential

Property Value

$180,000

Loan Request

$70,000

LTV

38.89 %

Credit Rating

600-619

Net Worth

$100,000 - $150,000

Loan Purpose

Property Purchase

Purpose

We have a contract for deed on this property. We have $90,000 equity in the home paid since September of 2018. Pay off is approximately $70,000. We are looking to reduce interest rate and lower payment from $1200 to around $800 per month through a loan.

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Loan Request for Residential loan in Fergus Falls, MN, 56537