New Loan Funded!

Collateral 1: Olive St, Lakeland FL 33815 Collateral 2: Twin Cedar Ln, Lakeland FL 33810

Collateral:

Collateral 1: Olive St, Lakeland FL 33815
Collateral 2: Twin Cedar Ln, Lakeland FL 33810

Description:

Borrower requested a $270,000 loan to purchase a commercial property in Lakeland, Florida. The borrower is purchasing the commercial property for $240,000 while pledging a second SFR property as additional collateral to the loan. The commercial property features 1,600 sq/ft with 1 bathroom sitting on .28 acres. The borrower plans to operate the commercial property and refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $210,000 loan to refinance a single-family property in Spring Hill, Florida. The property features 4 beds and 3 baths at 2,162 sq/ft. The borrower will use the proceeds of the loan to make improvements to the property, lease the property as an annual rental after the renovation, and refinance as an exit to the loan.

Collateral:

Description:

The borrower requested a $162,000 loan to purchase a manufactured property in West Palm Beach, Florida. The property features 2 beds and 2 baths at 970 sq/ft and comes with an additional lot where a garage has been built. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $945,000 loan to refinance a new construction, single-family property in Redington Shores, Florida. The property will feature 3 beds and 3.5 baths at 2,355 sq/ft.