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Post# A58

2nd mortgage needed - $55,000 immediately (Richmond Hill)

Posted on: Wednesday, 06 January, 2010  10:53
Updated On: Tuesday, 10 August, 2010  19:38
Expires On: Saturday, 25 September, 2010  10:53
Reply to: (Use contact form below)
SALE PRICE: $55000.00
LOCATION- CITY: Richmond Hill
ORIGINAL AMOUNT: New Deal
ORIG. No. OF PAYMENTS: 12
MONTHLY PAYMENT: interest only
REMAINING NO. OF PAYMENTS: 12
PURCHASE PRICE OF MTG.: $55,000
NOTE SECURITY: real estate
VALUE OF SECURITY: 90% LTV
 

We need 2nd mortgage immediately. Self-employed professionals with high income verifiable by bank statements. Bad credit. Bureau report shows R9s.

Appraised value - $420,000 dated 12/23/09. Current 1st mortgage - $321,000. We are looking to borrow $55,000 - works out to 90% LTV. Prefer to deal with Private Lender directly. Please reply only if you are willing to lend the required amount with closing this week. We are prepared to pay high interest. 6 months to 1 year term.

It is NOT ok to contact this poster with commercial interests.

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