Cassell Lawson

Oklahoma City, OK (USA)
Role(s):
Founder/Owner/Principal

Home Equity Loan or LOC

Location: Oklahoma City
Industry: Real Estate
Year Founded: 2010
Number Employees: 1-10 people
Business Stage: Creation/Idea
Entity Type: Not Incorporated
Description: I am in need of a Private Lender Home Equity Loan or Line of Credit. I own my home. There is no mortgage and no liens. My home has a tax assessed market value of $95,000.00. The home is insured at a replacement cost of $170,000.00 (Safeco Ins.). I am requesting a home equity loan of $45,000.00. I would like to have the loan for 6 years (no less then 5) and am willing to pay the private lender 15% interest on this secured loan, with a guaranteed 10% prepayment penalty on any balance paid off before the loans six year end date. I am in need of the money for home improvements to include an addition which will add 600 square feet to the existing structure. This addition will add $60,000 to the value of the home. My employment is secure and I’ve been with the same company for 20 plus years. I would love to close on this loan within two weeks. Please contact me at (URL removed) or (Phone # removed).