The borrower is using the funds to refinance an existing mortgage for a residential investment condo unit. Borrower intends to payoff the mortgage through refinancing with traditional financing.
loan overview
$462,000
loan priority
1st. Mortgage
loan type
Refinance
loan to value (LTV)
59%
appraisal value
$780,000
Location
Miami, Florida
term length (months)
12 months
We're here to answer your hard money loan questions
contact our team about your private real estate loan