The borrower is requesting a $120,000 loan to refinance a single-family residence located in Mulberry, Florida. The property consists of 3 bedrooms, 3 bathrooms, and approximately 2,916 square feet of living area. The borrower’s exit strategy is the retail sale of the subject property upon completion of the planned renovations.
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
