New Loan Funded!

6070 E Tenison St, Inverness Fl 34452 & 7315 Broadway Avenue E, Tampa, FL 33619

Collateral:

6070 E Tenison St, Inverness Fl 34452 & 7315 Broadway Avenue E, Tampa, FL 33619

Description:

Borrower requested a $350,000 loan to purchase a single family property in Inverness FL, that is currently being operated as a bed and breakfast. Additionally, the borrower is pledging a mixed use property located in Tampa, FL as collateral for the loan. The SFR features 3,134 SqFt, and 3 bed 4 baths, while the mixed use property features 2 main buildings and 4 tenants for a combined $6,400/month.

Collateral:

Type:

Description:

The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.

Collateral:

Type:

Description:

Borrower requested a $150,000 TRID loan, to refinance a single-family property in Jacksonville, Florida. The 1985-built home features 3 bedrooms, 3.5 bathrooms, and 2,038 square feet of living space across two stories. Borrower intended exit strategy is to refinance into a conventional loan once the planned improvements are completed.

Collateral:

Type:

Description:

Borrower requested a $185,000 loan to purchase a single-family property in Pace, Florida. The property features 3 bedrooms and 2 bathrooms at 2,067 square feet of living space on 1.29 acres. The borrower is collateralizing a 4-bedroom, 2-bathroom home with 1,749 square feet of living space. Borrower intends to sell both properties as an exit to the loan.