Borrower requested a $500,000 loan to refinance a single-family property in Pinellas
Park, Florida. The property features 4 beds and 3.5 baths at 2,812 sq/ft sitting on a 3/4 acre
lot. The borrower plans to use the funds to complete repairs on the property in preparation to list the property on Airbnb. Borrower plans to refinance as an exit from the loan.
Collateral:
Type: Refinance
Description:
This is a $155,000 refinance loan request, secured by a single-family residence located in Jacksonville, Florida. The subject property is a 3-bedroom, 2-bathroom home with 1,545 square feet of living area, a 1-car garage and an inground pool. The borrower will list the property for sale as the exit strategy to repay the loan in full.
- Loan Amount: $155,000
- Date: September 2025
