The borrower requested a $65,000 loan to refinance a condo located in Tallahassee Florida. The property features 3 beds and 3 baths at 1,264 sq/ft. Borrower currently leases the property and plans to refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $200,000 TRID-compliant second mortgage loan request secured by a single-family residence located in Belleair, Florida. The home is a four-bedroom, three-bathroom property with a pool and 2,461 square feet of living space, a two-car garage, and sits on a 0.36-acre lot. Borrower intended exit strategy is to refinance the property and consolidate both the first and second mortgages.
- Loan Amount: $200,000
- Date: July 2025