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: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
