Borrower requested a $195,000 fix-and-lease loan secured by a single-family property located in Jacksonville, FL. The subject property, built in 1972, features 4 bedrooms, 2 bathrooms, and 1,884 square feet of living space, along with a two-car garage and an in-ground pool situated on a 0.29-acre lot. The exit strategy is to refinance the loan.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
