Borrower requested a $250,00 loan to purchase a single-family property in Largo, Florida. The property has a single-family residence featuring 3 beds and 1 bath at 988 sq/ft. sitting on a double-lot. The borrower plans to build a single-family residence with 1,700 sq/ft in the split parcel and list it for sale.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
