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Cash out from land equity. What do you think are my chances. I just applied for a 35K cash out "refi" land loan for a 1. 75 acre parcel of buildable land with no liens that I own free and clear (no loans or owed on it what-so- ever).
It's tax assessed value is 74K and I'm estimating, based on comps, that it'll appraise around 65K so the estimated LTV is around 54. The bank I've applied with has a maximum LTV of 70. My FICO's (pulled last week) are EQ 661, TU 681 and EX 698 but that was before a couple of hard inquiries while shopping rates, so they'll probably see a few points less than that.
91121, Problem Mkhize Rd, Berea. Durban. Kwazulu Natal. Under its plan of organizational transformation through people processes and systems, the Bank has launched various innovative employee centric initiatives and has also undertaken revamp… Maadima - Durban.
26 Floor Old Mutual Centre 303 Dr Pixley Kaseme Str. Durban. Kwazulu Natal. Maadima Guarantees, Infrastructure Financing, Debt Collection, Empowerment Ratings Personal Loans. The synergistic product range was developed as service offerings geared towards… CASH CONVERTERS PIETERMARITZBURG - Pietermaritzburg. 17 Victoria Ctr, 157 Victoria Rd.