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11-07-2023, 03:57 PM #1Member
Reputation points: 1136
- Join Date
- Dec 2022
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CA Primary Residence 6 MM - Looking for 1MM
My client is looking to borrow on his Primary residence in CA
Last appraisal is from 2022 for 6 MM - he is currently doing renovations which should appraise even higher.
Mortgage is for 3.9MM in 2022
Client also took 500k mortgage for construction in 11/2022 but already paid down 300k (Balance is only 200k)
Looking for 500k- 1MM
Annual Household Income - 3MM
Credit high 600-low 700s
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