Mortgage lead for Residential loan in Upper Marlboro, MD, 20774

Date Posted

6/17/2026 2:51:14 PM

Property at

Upper Marlboro, MD, 20774, USA Show Map

Borrower at

Property Type

Residential

Property Value

$405,000

Amount of Existing Loans

$194,975

Loan Request

$50,000

LTV

60.49 %

Credit Rating

660-679

Loan Purpose

Second, Third or HELOC

Purpose

I’m requesting a $50,000 business-purpose second/HELOC secured by my residential investment property at 809 Castlewood Drive in Upper Marlboro, MD. The home is valued around $405,000, and even with my existing $194,975 in loans, this request keeps the total loan-to-value at about 60.49%—meaning you’re protected by a substantial equity cushion.

With this loan, I’ll be able to cover targeted upgrades and property-related costs for this minor fixer-upper, helping me strengthen the asset and sell quicker on the market. That directly benefits you as the lender: better collateral, improved marketability, and a more resilient exit once the property is sold.

This is a straightforward, non-owner-occupied, business-purpose transaction backed by real estate with strong leverage. I’m looking for a lender who values well-secured deals where the numbers make sense and the property does the heavy lifting on risk control.

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Loan Request for Residential loan in Upper Marlboro, MD, 20774