The borrower requested a $165,000 new construction loan for a single-family property in Sebring, Florida. The property will feature 3 beds and 2 baths at 1,473 sq/ft with a 2-car garage. The borrower is planning to refinance as an exit to this loan.
Collateral:
Type: New Construction
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