This is a $290,000 refinance loan request, with $260,000 to be disbursed at closing, secured by a single-family property located in Land O’ Lakes, Florida. The property consists of four bedrooms, two bathrooms, 1,987 square feet of living space, and includes a two-car garage. Borrower primary strategy is to sell the property post-renovation, remains open to refinancing.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
