Deal Status

Active

Property Address

7121 NE 22nd Court Road, Ocala Florida 34479

Requested Loan Amount

$1,050,000

Loan to Value

72%

Loan Term

12 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Refinance

Collateral and Loan Details

Property Type

Single Family Residence

Number of Bedrooms

4

Number of Bathrooms

3.5

Owner Occupied

Yes

Loan Type

Refinance

Property Sq. Footage

4,077

Current Market Value

$1,450,000

Existing Mortgages

1st

Mortgage 1 Balance

$1,050,000

Equity Cash Out

No

Equity Cash Out Purpose

Improve Subject Property

Have Appraisal

Yes

Appraisal Date

03/11/2020

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Poor

Attachments

Comments

https://youtu.be/wu6EYoUcYOk

First Name

Eric

Last Name

Nelson

Phone Number

310843093

Company

The Varet Group

Role

Mortgage Broker

Location

El Segundo, California

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