New Loan Funded!

Minnesota Dr, Fort Myers, FL

Collateral:

Minnesota Dr, Fort Myers, FL

Description:

This is a $130,000 refinance loan request, with $75,000 to be disbursed at closing, secured by a single-family residence located in Fort Myers, FL. The property consists of three bedrooms, one bathroom, 1,144 square feet of living space, and includes a one-car garage. Upon stabilization, the borrower plans to refinance into a DSCR loan and is financially qualified to do so.

Collateral:

Type:

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.

Collateral:

Description:

This is a $94,000 fix-and-lease loan secured by a double-wide mobile home located in the Highlands Meadows area of Spring Hill, Florida. The home features three bedrooms, two bathrooms, and approximately 1,800 square feet of living area and is currently in poor condition. The primary exit strategies of borrower is to loan refinance or cash repayment.

Collateral:

Description:

This is a $120,000 new-construction loan, secured by a duplex in Panama City, Florida. The property is currently estimated to consists of two units, each featuring 3 bedrooms, 2 bathrooms, 1,384 square feet of living area, and a one-car garage. Borrower preferred exit strategy is to refinance.