Borrower requested a $343,000 loan to purchase a $490,000 renovated corner unit condo in Island Estates Clearwater, FL. Borrower is a businessman from Indiana and is purchasing this 2 bed 2 bath condo as a vacation home.
Collateral:
Type: New Construction
Description:
This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.
- Loan Amount: $$200,000
- Date: May 2026
