Deal Status

Active

Property Address

12846 westgate ave, Palos Heights Illinois 60463

Requested Loan Amount

$240,000

Loan to Value

75%

Loan Term

60 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Refinance

Collateral and Loan Details

Property Type

Single Family Residence

Number of Bedrooms

5

Number of Bathrooms

2

Owner Occupied

Yes

Loan Type

Purchase

Property Sq. Footage

3,200

Has property been located?

Yes

Preferred Closing Date

02/28/2019

Purchase Price

$295,000

Purchase Contribution

$60,000

Purchase Contribution Source

Own Cash

Loan to Cost

75%

Purchase Plan

Occupy It

Lot Size

0.30 acres

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Good

Comments

I own approximately 40 houses and am having a hard time getting a traditional loan. I would like to close on this ASAP.

First Name

Ted

Last Name

Maras

Phone Number

(708) 705-7883

Company

Maella

Role

Borrower

Location

Palos Heights, Illinois

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