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: New Construction
Description:
This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.
- Loan Amount: $$200,000
- Date: May 2026
