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: 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
