New Loan Funded!

Lehigh Acres, FL

Collateral:

Lehigh Acres, FL

Description:

Borrower requested a $120,000 construction loan, to complete construction of a duplex in Lehigh Acres, Florida. Upon completion, the property will consist of 2,398 square feet of living area and feature 6 bedrooms, 4 bathrooms, and two one-car garages. Each unit will include 3 bedrooms, 2 bathrooms, 1,199 square feet of living space, and a one-car garage. The borrower’s primary exit strategy is to sell the property upon completion.

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.