Location: OAKLAND DUPLEX

Loan To Value: 80%
Loan Type: Cash-out completion refinance 
Total Loan amount: $345,000

The property needed time that the current lender did not allow and would not accept the clients request to extend. We were able to provide the client with cash-out funds at close more than requested to complete the project. The interior was only complete up to drywall and paint stage when cash-out was given. Client is now working on completing the project for resale.