Mortgage lead for Residential loan in Waite Park, MN, 56387

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

Request #3750421 by Lender

Date Posted

8/9/2025 9:19:19 AM

Property at

Waite Park, MN, 56387, USA Show Map

Borrower at

Minneapolis, MN, 55425, USA Show Map

Property Type

Residential

Property Value

$190,000

Loan Request

$180,000

LTV

94.74 %

Credit Rating

660-679

Net Worth

$70,000 - $100,000

Loan Purpose

Purchase Fix N' Flip

Purpose

Title: Loan Purpose

I am seeking a loan amount of $180,000 to purchase a residential property located at 65 Galloway Lane, Waite Park, MN, 56387, which will serve as my primary residence. The funds will enable me to establish a stable living environment and provide long-term security for my future.

By acquiring this property, I am effectively investing in an asset that is expected to appreciate in value over time, especially considering its good condition and the desirable location. This purchase is a strategic move to enhance my financial independence and grow my net worth, currently between $70,000 and $100,000.

As a U.S. citizen with a stable credit score between 660 and 679, my financial profile demonstrates low risk, assuring the lender of timely repayments. Moreover, the property's estimated value closely aligns with the loan amount, ensuring adequate security for the lender.

I am confident in the success of this loan and sincerely appreciate your consideration.

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