The borrower requested a $200,000 loan to purchase/refinance a single-family property in Tampa, Florida. The property features 2 beds and 2 baths at 1,560 sq/ft on a 1.3-acre lot. The borrower plans to complete a remodel and then sell the property as an exit to the loan
Collateral:
Type: Refinance
Description:
This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.
- Loan Amount: $150,000
- Date: May 2025