New Loan Funded!

Sterling Ln, New Port Richey, FL

Collateral:

Collateral 1: Sterling Ln, New Port Richey, FL
Collateral 2: Warbler Dr, New Port Richey, FL

Description:

Borrower requested a $236,000 loan to purchase a single-family property in Port Richey, Florida. The borrower is additionally pledging a single-family property as collateral to the loan. The Sterling property
features 2 beds and 2 baths at 1,190 sq/ft with a pool, and the second collateral located on Warbler Dr, features 2 beds and 2 baths at 1,310 sq/ft. The borrower plans to lease both properties long-term and then refinance as an exit to the loan.

Collateral:

Type:

Description:

This request is for a $60,000 refinance loan secured by a condominium property located in Zephyrhills, Florida. The collateral is a 2-bedroom, 2-bathroom unit with total 876 square feet. Borrower exit strategy for this loan is to sell the Zephyrhills property upon expiration of the lease.

Collateral:

Type:

Description:

This is a $200,000 refinance loan request secured by a single-family home in Orlando, FL. The subject property features 3 bedrooms, 2.5 bathrooms, 1,908 sq. ft. of living space, and a 2-car garage. The borrower intends to repay the loan using cash flow generated from primary business operations.

Collateral:

Type:

Description:

This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.