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New Loan Funded!

343 Creekwood Run, Lakeland

343 Creekwood Run, Lakeland

Collateral:

343 Creekwood Run, Lakeland

Description:

Borrower requested a $65,000 cash out refinance loan, pledging a recently purchased and renovated manufactured mobile home property in Lakeland, Florida as collateral. The property was purchased in September 2021 for $117,400, and is currently in the middle of a renovation in which the borrower has spent $40,000 of a $55,000 total rehab budget since the purchase.

  • Asset Value: 117,400$
  • Loan Amount: 65,000$
  • Loan to Value: 50%
  • Term: 2 Year
  • Prepayment Penalty: None

New Loan Funded

Collateral:

St Augusta, Ga

Type:

Description:

Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.

  • Loan Amount: $125,000
  • Date: October 2026

New Loan Funded

Collateral:

Pensacola, FL & Milton, FL

Type:

Description:

Borrower requested a $190,000 loan modification to purchase a single-family property in Milton, FL. The property features 4 bedrooms and 3 bathrooms at 1,877 square feet of living space on 1.03 acres. The borrower plans to sell both homes as an exit strategy.

  • Loan Amount: $320,000
  • Date: October 2026

New Loan Funded

Collateral:

Zephyrhills, FL

Type:

Description:

Borrower requested a $160,000 Fix & Lease loan secured by a single-family property in Zephyrhills, FL. The home features 2 bedrooms, 1.5 bathrooms with 1,080 square feet of living space, a 1 car garage and an inground pool on 0.22 acres. Once the renovations are complete, the borrower intends to refinance into a DSCR loan as the main exit strategy. As a secondary exit the borrower is open to selling the home.

  • Loan Amount: $160,000
  • Date: September 2026