This is a $450,000 refinance loan request for a single-family property in Largo, Florida. The property features three bedrooms, two bathrooms, and 2,481 square feet of living space, including an inground pool. Borrower intends to refinance the property as an exit strategy.
Collateral:
Type: New Construction
Description:
This loan totals $1,590,000, with $260,000 disbursed at closing, secured by a double-lot land asset located in Safety Harbor, Florida. The site consists of approximately 0.26 acres, and the borrower intends to subdivide the parcel and construct two new single-family homes. Each residence is planned as a two-story property featuring four bedrooms, four bathrooms, a two-car garage, and approximately 3,000 square feet of living space.
- Loan Amount: $1,590,000
- Date: February 2026
