New Loan Funded!

8418 Fussel Dr. Zephyrhills FL 33545

Collateral:

8418 Fussel Dr. Zephyrhills FL 33545

Description:

Borrower requested a $110,000 loan to refinance a manufactured mobile home that sits on 1.69 acres in Zephyrhills, Fl. The borrower paid $210,000 for the property in 2022 and plans to build their new construction residential home on the land. The borrower plans to refinance in 30-90 days with a construction to permanent loan, using the closing funds to get past the slab stage to qualify for the loan.

Collateral:

Description:

Borrower requested a $187,000 loan to purchase a single-family property in Plant City, Florida. The borrower paid $250,000 for the property in Plant City and has a $46,000 rehab budget planned. The property features 3 beds and 1 bath at 1,440 sq/ft sitting on a 5.04 acre lot. Borrower plans to lease the property as an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $120,000 loan to refinance a 1 acre parcel that features 2 single-family properties in Lakeland, Florida. The borrower paid $180,000 for the property in January 2022. Structure 1 features 2 beds and 1 bath at 912 sq/ft, and structure 2 features 1 bed, 1 bat at 552 sq/ft. Borrower plans split the parcel in 2, and then list the property for sale as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $240,000 refinance loan to complete two new construction projects in Fort Pierce, Florida. The borrower has been self funding the project to date and has completed 60% as of 2/10/23. The Deleon property will feature 4 beds and 2 baths at 2,010 sq/ft and the Melton property features 3 beds and 2 baths at 1,573 sq/ft. Borrower plans to list the properties for sale as an exit to the loan.