Mortgage lead for Residential loan in Sanger, TX, 76266

Date Posted

6/25/2026 12:35:30 PM

Property at

Sanger, TX, 76266, USA Show Map

Borrower at

Sanger, TX, 76266, USA Show Map

Property Type

Residential

Property Value

$200,000

Loan Request

$130,000

LTV

65 %

Credit Rating

680-699

Net Worth

$100,000 - $150,000

Loan Purpose

Refinance all

Purpose

I have 1.85 acres of free and clear raw land that I’m looking to possibly do a cash out refinance on to pay off revolving debt that was used to renovate my homestead 3 miles away from the land. The land is in Sanger, TX outside of city limits and has access to water and electricity. The land should appraise for around $195-200k and I was looking to get out approximately $120-130k to pay off the revolving debt. The land is listed for sale but not selling due to the market conditions. Personal credit was lowered due to putting our home renovations on credit cards thinking the land would sell quickly. All proposed funds would "pay off" all revolving debt and improve credit scores.

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Loan Request for Residential loan in Sanger, TX, 76266