Borrower requested a $135,000 loan to refinance 2 manufactured mobile home parcels in
Land O’Lakes, Florida. The property at Henry Dr was purchased in 2018 and features 2 beds and 2 baths at 1,140 sq/ft, and the property located on Dove Rd was purchased in 2017 and features 2 beds and 1.5 baths at 946 sq/ft. Both properties are leased as annual rentals.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
