New Loan Funded!

2533 18th St S, St Pete, FI, 33712

Collateral:

2533 18th St S, St Pete, FI, 33712

Description:

Borrower requested a $220,000 new construction loan to build a single-family home, in St. Petersburg, Florida. The construction plans consist of a 1,232 sq/ft main home, with an additional ADU that features a 2 car garage and 624 heated sq/ft. The borrower has a $290,000 total construction budget planned, and has currently spent $75,000 on the construction and $30,000 on the land. The slab and block construction have been completed, along with the truss order. The property will consist of a 3 bed and 2 bath and a 1 bed 1 bath efficiency.

Collateral:

Type:

Description:

The borrower requested a $300,000 loan to refinance the property located at Larry Rd, Spring Hill, FL. This property has 2 manufactured homes retired to the land. The borrower is pledging additional collateral located at 60th St, Tampa, FL. The borrower has proven liquidity and plans to repay this loan at maturity.

Collateral:

Type:

Description:

The borrower is seeking a $100,000 new construction loan for a single-family home in Rotonda West, FL. The property will feature three bedrooms, two bathrooms, 1,588 sq. ft. of living space, and a two-car garage. The borrower intends to sell the property as the primary exit strategy.

Collateral:

Type:

Description:

This is a $215,000 refinance loan request for a single-family property in Tampa, FL. It comprises five bedrooms, three bathrooms, and 2,163 square feet of living space, including a two-car covered carport. As an exit strategy, the borrower plans to refinance the subject property to a Debt Service Coverage Ratio (DSCR) refinance loan.