Deal Status

Active

Property Address

50 S 16th Street, Philadelphia Pennsylvania 19102

Requested Loan Amount

$300,000

Loan to Value

45.24%

Loan Term

12 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Another Property

Collateral and Loan Details

Property Type

Condominium

Number of Bedrooms

2

Owner Occupied

No

Loan Type

Refinance

Property Sq. Footage

1,164

Current Market Value

$635,000

Equity Cash Out

Yes

Equity Cash Out Purpose

Invest in Another Property

Have Appraisal

Yes

Appraisal Date

08/21/2020

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Good

Comments

Have title work completed. Need to close in days.

First Name

Andres

Last Name

Taillepierre

Phone Number

(305) 910-5160

Company

RK Mortgage Group Inc

Role

Mortgage Broker

Location

Philadelphia, Pennsylvania

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