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: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
