Loan Request for Residential loan in Bloomfield, NJ, 07003

Request #3717089 by Lender

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3/2/2025 7:49:14 PM
Bloomfield, NJ, 07003, USA Show Map
Residential
$750,000
$400,000
53.33 %
580-599
$20,000 - $40,000
Property Purchase
I'm looking at purchasing my dad's house. It's around 2000 sq ft. 1979 built, located in Bloomfield NJ and worth around $750K. He's looking at selling it for $400K. So, I’m looking for a mortgage of $550k.

I wanted to see about a hard money loan This would be my primary residence. My exit strategy would be to refinance down the road.

I was divorced in 2022, as a result of which my credit was affected. On Credit Karma, my credit score shows as 580 currently.

So, I wanted to see if this is doable and what options I may have.

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