This is a $110,000 new construction loan request to complete the construction of a single-family home in Tampa, Florida. Upon completion, the property will feature three bedrooms, two bathrooms, a two-car garage, and 1,700 square feet of living space. Once completed, the borrower plans to sell the property as an exit strategy for the loan.
Collateral:
Type: Refinance
Description:
This is a $70,000 refinance loan request, secured by a single-family residence located in Panama City, Florida. The subject property was built in 1952 and consists of a 4-bedroom, 3-bathroom home with a one-car garage, totaling 2,416 square feet, along with an oversized detached garage, situated on one acre of land. Borrower exit strategy is to either retain the property as employee rental or sell the property.
- Loan Amount: $70,000
- Date: December 2025
