Mortgage lead for Residential loan in Big Piney, WY, 83113

Loan Request for Residential loan in Big Piney, WY, 83113

Request #3728878 by Lender

Date Posted

4/18/2025 2:32:33 PM

Property at

Big Piney, WY, 83113, USA Show Map

Borrower at

Property Type

Residential

Property Value

$1,400,000

Amount of Existing Loans

$270,000

Loan Request

$950,000

LTV

67.86 %

Credit Rating

620-629

Loan Purpose

Refinance and Construction

Purpose

construction improvements on my primary residence at 48 2nd West Road, Big Piney, WY. The combination of refinancing and construction will help reduce existing loan burdens and increase the equity and value of my property.

These funds will be primarily used to cover the existing loans of $270,000, and the remaining amount will support construction, enhancing the overall market value of my residence. This will potentially exceed $1,300,000, positioning me better financially through increased property worth.

For the lender, this is a promising opportunity with low risk, as the loan-to-value ratio stands at a stable 67.86%. With a current estimated property value of $1,400,000, there is solid collateral to secure the loan.

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Loan Request for Residential loan in Big Piney, WY, 83113