📄 Extracted Text (323 words)
To:
Cc: West, Linda[[email protected]
From: Simington, Eugenia
Sent: Thur 5/1/2014 4:08:37 PM
Subject: RE: i Loan
Hi
The Certificate of Occupancy Holdback is 58 of the hard & soft cost budget that
the bank finances.
Your total hard & soft cost budget for the house is $1,945,765. Of that, the bank
is advancing $1,500,000 or 77.1% as the work is completed except for the CO
holdback which is approximately 5% or $72, 671. That portion is held until we
receive the permanent CO.
I hope that answers your question.
Original Message
From: West, Linda
Sent: Thursday, May 01, 2014 11:40 AM
To: Simington, Eugenia
Subject: FW: Loan
Eugenia
This is the email.
Linda West
Bankwell
612 Bedford Street
Stamford, CT 06901
203 391-5766
Fax 203 602-9915
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Original Message
From: [manta:
Sent: Thursday, May 01, 2014 11:38 AM
To: Simington, Eugenia; West, Linda
Cc: Ike
Subject: Loan
Hi Eugenia and Linda...can you tell us what percentage of our loan we are allowed
to take prior to the CO? Is it up to 70% and you hold back 308?
Thanks, and=
EFTA_R1_00723094
EFTA02106772
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