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: Fix and Lease
Description:
The borrower has requested a $242,000 loan to purchase a townhome in Wesley Chapel, Florida. The home was completed in 2025 and features 3 bedrooms, 2.5 bathrooms, and approximately 2,132 square feet of living space across two stories. The property also includes a two-car garage. As an exit strategy, borrower intends to refinance the property.
- Loan Amount: $242,000
- Date: June 2026
