Location: SAN LEANDRO/SAN LORENZO
Loan To Value: 75%
Loan Type: Rate and term refinance
Total Loan amount: $640,000 loan amount
The client was originally looking for a conventional loan but needed more time to rehab profile to qualify and we were able to obtain a loan that paid off current private lender without requiring the client to come in with a few thousand to close. We were able to reduce the gap to only $800 to close as we were able to push LTV originally allowed.