New Loan Funded!

Detroit Ave, Fort Myers, FL

Collateral:

Detroit Ave, Fort Myers, FL

Description:

This is a $200,000 new construction loan request for a single-family home located in Fort Myers, FL. Upon completion, the property will comprise two separate structures: the main residence, which features seven bedrooms and six bathrooms across 1,837 heated square feet, and a 550-square-foot studio suite, totaling 2,387 square feet of heated living area. Borrower exit strategy for this particular property is a long-term hold, with plans to refinance using a debt-service coverage ratio (DSCR) loan.

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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

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Description:

Borrower requested a $300,000 loan to refinance a duplex in New Port Richey, FL and a single-family home in Holiday, FL. The exit strategy is the sale of property.

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Description:

This is an $87,000 refinance loan request secured by a single-family home located in Sarasota, FL. The subject property features 2 bedrooms, 1 bathroom, and 616 square feet of living space. The borrower plans to refinance in a DSCR program as an exit to this loan.