The borrower has requested a $470,000 loan to acquire a single-family property in Largo, FL. The borrower is purchasing the subject property, a three-bedroom, two-bathroom home with a two-car garage and 1,991 square feet. The exit strategy is to sale the renovated home.
Collateral:
Type: Refinance
Description:
This is a $290,000 refinance loan request, with $260,000 to be disbursed at closing, secured by a single-family property located in Land O’ Lakes, Florida. The property consists of four bedrooms, two bathrooms, 1,987 square feet of living space, and includes a two-car garage. Borrower primary strategy is to sell the property post-renovation, remains open to refinancing.
- Loan Amount: $290,000
- Date: July 2025