This is a $156,000 loan request for a repeat client, secured by a single-family residential property. The property consists of 3 bedrooms, 1 bathroom, 2,334 square feet of living area, and a one-car garage. The borrower’s planned exit strategy for this loan is a DSCR refinance.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
