2,500 SQ FT – Cash-Out Refinance

Property Location: Ozawkie, KS

Property Value (After Completion): $160,000

Loan Amount: $75,000

Loan Term: 18 Months

Interest Rate: 12%

Broker Commission: 3 Points

This borrower needed funds to complete the remaining work on this new build. They plan to flip the house once it’s completed and pay us off.