CONDITIONAL QUOTE
Thank you for choosing Investor Property Loan! Please take a look at this conditional quote of proposed loan terms and today's pricing, which was produced based on the information you shared with us. Please carefully review the information below.
LOAN DETAILS
| Borrower Name | Johnny Frisco |
|---|---|
| Estimated FICO Score | 780+ |
| Transaction Type | Cash Out Refinance |
| Property Address | 219 Harbor Drive, Elizabeth City, NC, 27909 |
| Property Type | Single Family Home |
| Estimated Appraised Value | $100,000.00 |
| LTV | 75.00% |
| Monthly Rent | $1,200.00 |
| Annual Property Taxes | $1,234.00 |
| Annual Insurance | $1,578.00 |
| Annual HOA Dues if applicable | $0.00 |
Pricing as of 3/20/2025
TODAY’S TERMS
| Projected Loan Amount | $75,000.00 |
|---|---|
| 30 Year Fixed Rate | 6.875% |
| Monthly P & I Payment | $492.70 |
| Monthly PITI Payment | $727.03 |
| Estimated DSCR | 1.651 |
| Prepayment Penalty | 5,4,3,2,1 (reduce to 3,2,1 by adding 0.375% to rate) |
| Origination Fee | $3,000.00 |
| Processing + Legal Doc Prep Fees | $1,855.00 |