Loan Amount – $895,000
Loan Type – cash out refinance
This was a cash-out refinance for Catalina Dr, Phoenix, AZ 85014.
The borrower had initially financed the purchase with another lender and completed renovations.
With the property listed for $895,000, they sought to pull equity to move to their next project while awaiting the sale, leveraging its strong market appeal, large lot, and guest house to maximize value.