New Loan Funded!

1435 Flanders Dr, Jacksonville, FL 32207

Collateral:

1435 Flanders Dr, Jacksonville, FL 32207

Description:

Borrower requested a $315,000 loan ($245,000 acquisition financing and $70,000 construction financing) to purchase a single-family property in Jacksonville, Florida. The borrower paid $350,000 for the property and has an extensive $140,000 construction budget planned. Borrower is partnering with a licensed general contractor and plans to sell the property for a profit after the renovation is completed.

Collateral:

Type:

Description:

This is a $70,000 refinance loan request, secured by a single-family residence located in Panama City, Florida. The subject property was built in 1952 and consists of a 4-bedroom, 3-bathroom home with a one-car garage, totaling 2,416 square feet, along with an oversized detached garage, situated on one acre of land. Borrower exit strategy is to either retain the property as employee rental or sell the property.

Collateral:

Type:

Description:

This is a $115,000 refinance loan request secured by a single-family property in Spring Hill, Florida. The property is a two-story, 4-bedroom, 3-bathroom home with an office, totaling 2,356 sq. ft., built in 2003. The primary strategy upon completing the rehab is to sell the property.

Collateral:

Type:

Description:

The borrower is requesting an $80,000 refinance loan secured by a single-family property in Winter Haven, Florida. The home features 2 bedrooms, 2 bathrooms, 1,693 square feet of living space, and a 2-car garage. Borrower’s exit strategy is to refinance into long-term financing.