Borrower requested a $180,000 loan to purchase a single-family property in Bradenton, Florida. The property features 2 beds and 1 bath at 1,144 sq/ft on a 0.23 acre lot. The borrower plans to list the property for sale after the renovation is completed as an exit to the loan.
Collateral:
Type: New Construction
Description:
Borrower requested a $110,000 loan to complete construction of a single-family property in Lehigh, Florida. The property features 4 bedrooms and 3 bathrooms, 2,152 square feet of living space, and a 2-car garage on a 0.25-acre lot. Borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
- Loan Amount: $110,000
- Date: July, 2026
