The borrower requested a $238,000 loan for a single-family residence in Tampa, Florida. The property features a 2 bedroom, 1.5-bathroom home totalling 1,800 square feet with a one-car garage built in 1921. The borrowers are financially positioned to refinance the property if it does not sell at their projected price point of $600,000 or higher.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025