Borrower requested a $720,000 loan to refinance a new construction project in Pinellas Park,
Florida. The project features 8 townhomes, each 2 stories, 3 beds and 2.5 baths. Borrower plans to sell each townhome as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.
- Loan Amount: $125,000
- Date: September 2023
