This is a $175,000 new construction loan request for a single-family home in Deland, FL. The planned property includes three bedrooms, two bathrooms, an office, and a 2-car garage, totaling 2,317 square feet of living space and 3,292 square feet overall. The borrowers will sell the property as an exit to the loan.
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
