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Updated almost 4 years ago on .
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Need LOC on undeveloped land
My client has a 2.01 acre undeveloped lot in Sequim, WA. The land is worth around $175k to $200k. He is seeking 70-80% LTV. Please let me know if you can do this deal. Also my client has a 700+ credit score, just a little high on utilization. He needs this funding for debt consolidation and other things. Please let me know.
Below is the property description:
“Huge unobstructed views of Discovery Bay, Mt Baker, & the Strait. The location between Sequim & Port Townsend is just a short drive to either community, with the privacy & quiet that you can't find in town & the well is in already! Great access to many local amenities like the boat launch, Olympic Discovery Trail, Miller Peninsula Park, & miles of trails & beaches. As the neighborhood's highest lot it also features a flat building site, southern exposure & that irreplaceable top of the hill feel”