The borrower requested a $115,000 new construction loan for a single-family property located in Babson Park, FL. The property, which features 3 bedrooms, 2 bathrooms, and 1,403 square feet of living space, is approximately 70% complete. The borrower intends to list the property for sale.
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
