Borrower requested a $300,000 loan to refinance a single-family property in Cape Coral, Florida. The borrower bought the land in 2020 and built a 3 bed and 3 bath, 1,931 sq/ft new construction home, on a 0.34 acre lot. Borrower plans to sell the property as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
