New Loan Funded!

3601 W El Prado Blvd, Tampa, Fl 33629

Collateral:

3601 W El Prado Blvd, Tampa, Fl 33629

Description:

Borrower requested a $750,000 new construction loan in South Tampa, Florida to complete the construction of a single-family home. The borrower paid $400,000 for the property in 2020 and has a total $800,000 construction budget planned. The property will feature 4 beds, 4.5 baths, and a 2-car garage totalling 4,182 sq/ft. The borrower plans to refinance the property as an exit to the loan.

Collateral:

Description:

Borrower requested a $425,000 loan to begin construction on a single-family property in Lakeland, Florida. The property will feature 4 beds and 3 baths at 3,727 sq/ft. The target sale price for the completed property is estimated $1.1 million.

Collateral:

Description:

The borrower has requested a $2,900,000 loan to purchase a beachfront lot in Belleair Shore, Florida, where they plan to build a modern luxury mansion. Bellaire Shores features a private, one-mile stretch of highly coveted oceanfront property. The borrower will secure a construction loan as an exit to the bridge.

Collateral:

Type:

Description:

Borrower requested a $505,000 loan to refinance a single-family property in Homestead, Florida. The property features 5 beds and 2 baths at 2,387 sq/ft on a corner lot with a pool. The borrower plans on continuing to rent the property as an annual rental and refinance as an exit to the loan.