• Loan Amount * $850,000
  • Rate * 10.25%
  • Appraised Value * $1,610,000
  • Term * 36 Months, Interest Only
  • Lien Position * First

Our return borrower with a reliable repayment history has been in a lease-option with the seller on this 10,000 square foot home on 20 acres. A 2nd lien on bordering additional 130 aces is a safety-buffer. ReProp financed the purchase at 53% LTV. Our borrower plans to exit with a bank refinance.

Accessibility Tools
hide