The borrower requested a $100,000 new construction loan for a single-family property located in Lehigh Acres, FL. The property features 3 bedrooms, 2 bathrooms, 1,715 square feet of living space, and a 2-car garage. The borrower intends to sell the subject property as the exit strategy for this loan.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
