1,296 SQ FT – SFR Cash Out Refinance

Cash-Out Refi

Property Location: St. Joseph, MO

Property Value: $55,000

Loan Amount: $20,000

Interest Rate: 12%

Term: 24 Months

Closed In: 3 Weeks

Borrower pledged free and clear property to obtain funds for minor improvements on the property. She plans to refinance out of our loan once the work is completed.