The borrower has requested a $1,175,000 loan to refinance two single-family properties located in Palm Harbor, Florida. The properties feature 5 bedrooms, 4 bathrooms, 2,545 square feet, and 2 bedrooms and 2 bathrooms, 1,055 square feet. The borrower intends to refinance as an exit strategy for the loan but is also considering selling other real estate assets to satisfy the debt.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
