New Loan Funded!

Lutz, FL & Multiple Collateral

Collateral:

Lutz, FL & Multiple Collateral

Description:

This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.

Collateral:

Type:

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.

Collateral:

Description:

The borrower, an experienced investor, is leveraging equity in two existing free-and-clear properties, a recently acquired Florida condo and a long-held North Carolina mountain estate, to fund the time-sensitive acquisition of a Southwest Ranches residence. The borrower represents as a long-term, buy-and-hold owner as an exit to the loan.

Collateral:

Description:

Borrower has requested a $320,00 loan to purchase a single-family property in Ocala, Florida. The 1989-built single-family home features 3 bedrooms, 3 bathrooms, and approximately 3,032 square feet of living space. The borrower will refinance as an exit to the loan.