The borrower is seeking a $100,000 new construction loan for a single-family home in Rotonda West, FL. The property will feature three bedrooms, two bathrooms, 1,588 sq. ft. of living space, and a two-car garage. The borrower intends to sell the property as the primary exit strategy.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
