Lenders wanted

ND, Development, Construction, $3M, FICO, 30% LTV
Posted on 10/1/2014 7:58:50 AM

PROPOSED DEVELOPMENT

Location: Minot, North Dakota

Proposed Development: 153,000 SF Industrial Building

Deminsions: 600' x 255' with 30' clear Height

Land: 26.19 acres zoned M2




Loan Request

Amount: $2,850,000

Loan to Appraised Value: 30%

Loan to Costs: 42%

Development Costs: $6,607,000

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Lenders wanted View all

State Requested Amount Property Type Loan Type FICO LTV Posted
CA $285K Residential Purchase 70% 10/1/2014
Details description 1. Client has a certified appraisal that is 6 weeks old for $365,000 2. Client has $30,000 plus closing cost to bring to the table. Client is looking for this loan
CA $1M Development Construction 65% 10/1/2014
Details description LENDING OPPORTUNITY: LTV 65% Property Appraisal 2 million $100k of own money. Want to build a shopping strip in California. More details as requested.
CA $1M Development Construction 65% 10/1/2014
Details description LENDING OPPORTUNITY: $100k of own money. Want to build a shopping strip in California. More details as requested.

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