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: New Construction
Description:
This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
