Location: Richmond, CA
Loan To Value: 85%
Loan Type: Cash-out Refinance
Total Loan amount: $445,000
Unfinished flip. We were able to fund an 80% cash-out request for this client and requested that we did the same for another unfinished project that also had a loan due in less than a month. We were able to complete the cash-out refinance to solve the objective.