Mortgage lead for Residential loan in Fremont, NC, 27830

Loan Request for Residential loan in Fremont, NC, 27830

Request #3755466 by Lender

Date Posted

8/30/2025 11:56:40 AM

Property at

Fremont, NC, 27830, USA Show Map

Borrower at

Property Type

Residential

Property Value

$188,000

Loan Request

$140,000

LTV

74.47 %

Credit Rating

500-549

Net Worth

$70,000 - $100,000

Loan Purpose

Property Purchase

Purpose

Title: Loan Purpose

I am seeking a loan of $180,000 to purchase a residential property at 801 South Vance Street, Fremont, NC, my primary residence. This strategic purchase will significantly enhance my living situation, aligning with my long-term stability goals.

The funds will facilitate the acquisition of a property valued at $150,000, poised for appreciation given its good condition and prime location. As an owner-occupied residence, my monthly housing expenses will stabilize, providing a solid foundation for future financial growth. This will also improve my lifestyle and potentially increase my net worth over time.

For the lender, this loan represents a secure investment. Despite current property value and credit score, my steady income of $6,500 monthly ensures a reliable repayment channel, along with low total expenses of $1,200.

I am optimistic about this opportunity and grateful for your consideration in making this dream a reality.

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Loan Request for Residential loan in Fremont, NC, 27830