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 is a $60,000 refinance loan request secured by a free-and-clear single-family home located in Lehigh Acres, Florida. The subject property is a 3-bedroom, 1-bathroom residence offering 920 square feet of living space. The primary exit strategy for the loan is repayment through cash flow from business and secondary option is to refinance into a DSCR loan if additional time is needed.
- Loan Amount: $60,000
- Date: October 2025
