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.
Borrower requested a $150,000 loan to refinance a single-family property in St. Pete Beach, Florida. The borrower purchased the property in 2017 for $1,181,000. The property features 3 beds and 3 baths at 2,501 sq/ft. Borrower plans to sell the property in the next 3-6 months as an exit to the loan.