This request pertains to a $360,000 new-construction loan for a single-family residential property in Largo, Florida. The proposed home will feature three bedrooms, two bathrooms, and a two-car garage, totaling approximately 1,746 square feet on a 0.19-acre lot. Borrower primary exit strategy is to sell the property.
Collateral:
Type: Fix and Lease
Description:
This request is for a $160,000 refinance loan , secured by a quadplex located in Lakeland, FL. The property, built in 1954, consists of four 2-bedroom, 1-bathroom units, each approximately 600 sq. ft., totaling 2,400 sq. ft. of heated living area, with four separate electrical meters and individual water connections. Borrower preferred exit strategy is to refinance.
- Loan Amount: $160,000
- Date: December 2025
