• Loan Amount * $650,000
  • Rate * 9.49% 
  • Appraised Value * $915,000
  • Term * 6 Months, Interest Only
  • Lien Position * First

A repeat borrower was purchasing another property that ReProp Financial was financing and the borrower owned the subject property debt free. We were able to make a cash out loan that the borrower used on the other purchase and a plan to pay off this loan when the home sold. 

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