Construction Loan - Dearborn Heights, MI

Location: Dearborn Heights, MI.
Borrower Profile: Repeat Client.
Work Description: Construction Financing.
Purchase Price: Client already owned the property.
Loan Amount: $65,000.00
Loan Structure: 6 Months, Principal and Interest Payments.
Situation: This property needed TLC and the owner needed the funds to make it happen. Our loan will go towards fixing up the property and putting it back on the market.