This is a $100,000 refinance loan request, with an initial disbursement of $60,000 at closing, secured by a single-family residence in Plant City, Florida. The property, built in 1982, is a 2-bedroom, 1-bathroom home with 912 square feet on a 0.68-acre lot. Borrower’s exit strategy is to list the property for sale.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025