Cash Out Refinance – Vacant Lot

Estimated Closing Date: 07/21/2020

West Silver Sage Pahrump, NV 89060

Unit Size: Vacant Lot

Loan Amount: $40,000.00

Approximate Value $150,000.00

Loan to Value: 26.67% based on purchase price

Loan Term: 2 Years w/ 3 Months Guaranteed

Payments: Interest Only Payments

Property Zoning: Single Family Residential

Borrower needs the funding to pay for Water Rights / Pump System / Valley Electric Power delivery / Soils and Perc Test/ Septic

Borrower will refinance once house plans are approved for construction.

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