- Loan Amount: * $300,000.00
- Rate: * 7.99%
- Appraisal Value: * $960,000
- Term: * 36 months, IO
- Lien Position: * First
Our Borrower needed a cash out refinance to make improvements to this property, as well as others, and pay delinquent property taxes. The Borrower needs to work on credit and will refinance conventionally.