This is a $100,000 new construction loan request for a single-family property located in Port Charlotte, Florida. Upon completion, the property will feature three bedrooms, two bathrooms, and 1,046 square feet of living space on a corner lot. Borrower’s exit strategy is to sell the property.
Collateral:
Type: Refinance
Description:
The borrower requested a $300,000 loan to refinance the property located at Larry Rd, Spring Hill, FL. This property has 2 manufactured homes retired to the land. The borrower is pledging additional collateral located at 60th St, Tampa, FL. The borrower has proven liquidity and plans to repay this loan at maturity.
- Loan Amount: $300,000
- Date: March 2025