Loan Request for Residential loan in Waite Park, MN, 56387

Request #3743139 by Lender

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Date Posted

6/25/2025 5:49:10 PM

Property at

Waite Park, MN, 56387, USA Show Map

Borrower at

Property Type

Residential

Property Value

$680,000

Loan Request

$490,000

LTV

72.06 %

Credit Rating

660-679

Net Worth

$40,000 - $70,000

Loan Purpose

Property Purchase

Purpose

I am purchasing a property that includes two single-family homes. The first home has 4 bedrooms and 2 bathrooms and is currently rented for $4,500. The second house has 1 bedroom and 1 bathroom; it needs some rehabilitation to become livable and is expected to rent for $1,200 after the necessary repairs are completed.

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Loan Request for Residential loan in Waite Park, MN, 56387