Borrower requested a $115,000 loan to refinance a single-family property in Deland, Florida. The property features 6 beds and 4 baths at 2,300 sq/ft. The borrower plans to lease the property as an annual rental after the renovation and then refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
