Mortgage lead for Residential loan in St. Cloud, MN, 56304

Loan Request for Residential loan in St. Cloud, MN, 56304

Request #3746644 by Lender

Date Posted

7/21/2025 8:44:23 AM

Property at

St. Cloud, MN, 56304, USA Show Map

Borrower at

Minneapolis, MN, 55425, USA Show Map

Property Type

Residential

Property Value

$200,000

Loan Request

$190,000

LTV

95 %

Credit Rating

660-679

Net Worth

$70,000 - $100,000

Loan Purpose

Purchase and Construction

Purpose

**Title: Loan Purpose**

**Introduction:**
I am seeking a loan amount of $240,000 to facilitate the purchase and construction of a residential property at 1716 9th Avenue Southeast, St. Cloud, MN. These funds will significantly aid in making the property fit for owner occupancy, realizing my dream of a primary residence.

**Details of Purpose:**
The loan will be instrumental in constructing much-needed features for a minor fixer-upper, thereby significantly enhancing its value. With my substantial cash reserves and a strong credit score in the range of 660-679, I am well-positioned to oversee this project efficiently. Moreover, the increased property value will provide possibilities for future financial ventures, securing my financial stability further.

**Lender Benefits:**
This loan presents a low-risk opportunity for any lender, reinforced by my stable net worth between $70,000 - $100,000 and complete ownership of the property as primary residence.

**Closing Statement:**
I am optimistic about the successful realization of this project and express my gratitude for the lender’s consideration.

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Loan Request for Residential loan in St. Cloud, MN, 56304