The borrower requested a $180,000 new construction loan on a single-family property in Winter Haven, Florida. Upon completion, the subject property will feature three bedrooms, two bathrooms, and 1,536 square feet of living space across two stories, with a one-car garage. The exit strategy for this loan is a DSCR refinance.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025