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.
Collateral:
Type: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026
