Borrower requested a $150,000 loan, to purchase a $287,500 fix and flip, single family property in Seminole, FL. The borrower is planning a $40,000 remodel which will include a new HVAC system, an addition of a 3rd bedroom, and a complete cosmetic update of the home.
Collateral:
Type: Refinance
Description:
This is a $155,000 refinance loan request, secured by a single-family residence located in Jacksonville, Florida. The subject property is a 3-bedroom, 2-bathroom home with 1,545 square feet of living area, a 1-car garage and an inground pool. The borrower will list the property for sale as the exit strategy to repay the loan in full.
- Loan Amount: $155,000
- Date: September 2025
