New Loan Funded!

Canal Ave, Indian Rocks Beach, FL & Cashford Circle, Wesley Chapel, FL

Collateral:

Canal Ave, Indian Rocks Beach, FL & Cashford Circle, Wesley Chapel, FL

Description:

Borrower requested a $360,000 loan to purchase a townhome property in Indian Rocks Beach, Florida. The property is a 1,412 sq. ft. 2-bedroom, 2-bathroom residence with an additional 675 sq. ft. of storage space. The borrowers additionally pledged free and clear collateral to the loan, and plan to refinance as an exit to the loan.

Collateral:

Type:

Description:

This is a $100,000 refinance loan request at 50% loan-to-value (LTV), secured by a Lake Worth, Florida condominium unit. The property has two bedrooms, two and a half bathrooms, and approximately 1,500 square feet of living space. Borrower plans to complete the renovation and exit the loan through a conventional property sale.

Collateral:

Description:

This is a $180,000 new construction loan request. The loan is secured by a single-family residence in Winter Haven, Florida. Upon completion, the property will comprise three bedrooms and 2.5 bathrooms, totaling 1,536 square feet of living space. The design features two stories, with 625 square feet on the first level and 901 square feet on the second. Borrower intended exit strategy is a DSCR-based refinance.

Collateral:

Description:

This is a $255,000 new construction loan request for a duplex located in Lake Wales, FL. The proposed duplex will consist of two units, each featuring three bedrooms, two bathrooms, and approximately 1,005 square feet of living space, totaling six bedrooms, four bathrooms, and 2,010 square feet of combined living space. Borrower’s refinancing strategy is designed to manage debt and cash flow based on rental income.