Mortgage lead for Residential loan in Greenville, SC, 29611

Date Posted

9/13/2025 2:29:21 PM

Property at

Greenville, SC, 29611, USA Show Map

Borrower at

Property Type

Residential

Property Value

$320,000

Amount of Existing Loans

$175,000

Loan Request

$220,000

LTV

68.75 %

Credit Rating

680-699

Net Worth

$250,000 - $500,000

Loan Purpose

Construction Second Loan

Purpose

Investment Rationale
This property offers a compelling opportunity for value-add growth through strategic updates and expansion. The current home is 1,062 sq. ft., and the planned addition of 240 sq. ft. will include an additional suite and bathroom. This upgrade not only increases livable space but also enhances rental and resale appeal by meeting the growing demand for multi-functional homes.

Prime Location Advantage
Situated in the Judson Mill District, the property benefits from the area’s ongoing revitalization. The district is transitioning from its historic textile mill roots into a vibrant mixed-use community, driving strong demand and appreciation potential.

Market Performance
Unlike many surrounding older homes, this property—built in 1997—already offers a more modern foundation, reducing maintenance risks. Current reports for the Greenville market in 2025 reflect steady appreciation, with home prices showing 8–9% growth over the past year. This steady upward trend positions the property for both near-term equity gains and long-term value growth.

Summary
By expanding square footage, adding a suite, and capitalizing on Judson Mill’s transformation, this investment has the potential to deliver above-average returns in one of Greenville’s fastest-growing markets.

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Loan Request for Residential loan in Greenville, SC, 29611