This was a $275,000 new construction loan request for a single-family home located in Saint Cloud, Florida. The borrower has approved plans to build a 3-bedroom, 2-bathroom SFR with an executive office and a 1-car garage, totaling 1,865 heated square feet and 2,390 total square feet. The borrower intends to sell a property as an exit to the loan.

This was a $115,000 new construction loan request for a single-family property located in Port Charlotte, Florida. Once finished, the property will feature 3 bedrooms, 2 bathrooms, and 1,199 square feet of living space, complemented by 611 square feet of additional space for a lanai, 2-car garage, and front porch. They plan to sell the property upon completion as their primary loan exit strategy.