Borrower looking to rate/term refinance on subject property and hold it to long term loan. Subject is located in Eden, NC and is currently leased for $1,700 per month which is equal to the market rates per the appraiser’s estimate. Subject appraised for $220K As-Is. Sponsor on the loan has an excellent credit score with …
Borrower looking to purchase the subject property located in Miami, FL and hold it for long-term rental income. Subject was appraised for $415k As-Is and a CDA confirmed the value was acceptable. Sponsor has good credit with a mid-score of 740, and bank statements reflect sufficient balance to cover the liquidity. Loan structured and priced …
Repeat Borrowers are looking to Rate/term refinance on subject property located in Abilene, TX to hold for long-term rental income. Subject is a Duplex currently leased for $2,400 per month which is equal to the market rates per the appraiser’s estimate. Subject appraised for $287k As-Is and a CDA confirmed the value was acceptable. Two …
Borrower is a new client under contract to purchase the subject property for $126k to hold it for long term rental income. Subject is an SFR located in North Little Rock, AR with the market rate per the appraiser’s estimate ($1,050). Subject appraised for $126k As-Is and a CDA was ordered. Sponsor on the loan …
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Borrower looking to cash out refinance on subject property located in Baltimore, MD and hold it to long term loan. Subject is an SFR currently leased for $1,563 per month which is less than the market rates per the appraiser’s estimate ($1,750). Subject appraised for $184K As-Is and CDA was ordered to confirm the appraised …
Borrower looking to cash out refinance on subject property located in St. Petersburg, FL and hold it to long term loan. Subject is a 4 Family, currently leased for $2,800 per month which is slightly lower than the market rates per the appraiser’s estimate ($2,930). Subject appraised for $352K As-Is and CDA was ordered shows …
Borrower looking to cash out refinance on subject property located in Greensboro, NC to hold for long-term rental loan. Subject is an SFR currently leased for $2,700 per month which is above the market rates per the appraiser’s estimate ($2,200). Subject appraised for $250k As-Is and a CDA confirmed the value was acceptable. Sponsor on …
Borrower is an experienced investor looking to cash-out on subject property located in Baltimore, MD. Subject is an SFR currently leased and generating monthly rent of $1,950/month which is less than appraiser’s estimate of market rent ($2,200/Month). The property is appraised for $326k as-is and a CDA confirmed the value was acceptable. Sponsor on the …
Borrower looking to do a cash out refinance on subject property and hold it to long term loan. Subject is a 2 family located in Wood Ridge, NJ currently leased for $7,000/month which is less than the market rate per the appraiser’s estimate ($7,100). Subject is appraised for $900k As-Is and CDA confirmed the value …
Experienced borrower looking to cash-out on the subject property to refinance into a long-term loan. Subject is a two family house located in Newburgh, NY and is generating monthly rent of $3,526/month which is below the appraiser’s estimate of market rent ($3,700). Sponsor has excellent credit with a mid score of 802 and bank statements …
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