Borrower requested a $150,000 loan to refinance a single-family property in Odessa, Florida. The property features 4 beds and 4 baths at 4,285 sq/ft. Borrower plans to use the proceeds of this loan to pay off debt and plans to list the property for sale as an exit to this loan.
Collateral:
Type: Refinance
Description:
This is a $200,000 refinance loan request for a single-family property located in Kissimmee, FL. The asset is a 3-bedroom, 2-bathroom home with a 1-car garage spanning 1,485 sq. ft. The borrower intends to exit the loan through a DSCR refinance.
- Loan Amount: $200,000
- Date: October 2024