The borrower is seeking a $100,000 new construction loan for a single-family home in Rotonda West, FL. The property will feature three bedrooms, two bathrooms, 1,588 sq. ft. of living space, and a two-car garage. The borrower intends to sell the property as the primary exit strategy.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025