This is a $175,000 refinance loan request secured by a free-and-clear single-family residence in Bradenton, Florida. The home features three bedrooms, 2.5 bathrooms, 3,509 sq. ft. of living area, a 2-car garage, an inground pool, and is situated on 1.10 acres. Borrower’s exit strategy is to sell the property.
Collateral:
Type: New Construction
Description:
Borrower requested a $110,000 loan to complete construction of a single-family property in Lehigh, Florida. The property features 4 bedrooms and 3 bathrooms, 2,152 square feet of living space, and a 2-car garage on a 0.25-acre lot. Borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
- Loan Amount: $110,000
- Date: July, 2026
