The borrower requested a $125,000 loan to purchase a single-family property in Tampa, Florida. The property features 3 beds and 2 baths at 1,737 sq/ft on a 7,900 sq/ft lot. The borrower plans to lease the property for an annual rental and refinance on a DSCR program as an exit to the loan.
Collateral:
Type: New Construction
Description:
This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.
- Loan Amount: $$200,000
- Date: May 2026
