Borrower is requesting a $450,000 construction loan, with $125,000 funded at closing, to continue construction of a single-family residence in Englewood, Florida. Upon completion, the home will feature 4 bedrooms, 4.5 bathrooms, 4,067 square feet of living space, two stories, a 3-car garage, and an in-ground pool. The borrower plans to refinance the property upon completion as the exit strategy.

Borrower requested a $150,000 new construction loan to complete construction of a single-family property in New Port Richey, Florida. Upon completion, the property will feature 3 bedrooms, 2 bathrooms, 1,615 square feet of living space, and a 2-car garage. Upon completion of construction, the borrower intends to sell the home as the exit.