Borrower requested a $160,000 loan to purchase a single-family property located in Tampa, Florida. The borrower has a $30,000 construction budget planned, out of pocket, featuring a roof replacement and cosmetic updates. The property features 3 beds and 1 bath at 961 sq/ft.
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