New Loan Funded!

Montcalm Rd, Spring Hill, FL

Collateral:

Montcalm Rd, Spring Hill, FL

Description:

Borrower requested a $210,000 loan to refinance a single-family property in Spring Hill, Florida. The property features 4 beds and 3 baths at 2,162 sq/ft. The borrower will use the proceeds of the loan to make improvements to the property, lease the property as an annual rental after the renovation, and refinance as an exit to the loan.

Collateral:

Description:

This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.

Collateral:

Type:

Description:

This is a $150,000 new construction loan request, secured by a single-family home under construction and an adjacent vacant lot, both located in Lakeland, Florida. The subject is 3-bedroom, 2-bathroom home, totaling 1,085 square feet, which includes a two-car garage. Their planned exit strategy is to sell the completed home.

Collateral:

Type:

Description:

Borrower requested a $157,000 loan to purchase a single-family property in Orlando, Florida. The property features 4 beds and 2 baths at 1,530 sq/ft. The borrower plans to refinance as an exit to the loan.