This is a $270,000 refinance loan request secured by a bungalow-style single-family residence in Tampa, Florida. The subject property’s main structure features three bedrooms and two bathrooms across 1,458 square feet of living space. The borrower exit strategy is to sell the Tampa property upon completion of the renovations.
Collateral:
Type: New Construction
Description:
This request is for a $260,000 new construction loan secured by two to-be-built single-family homes (to be built) and two additional neighboring subdivided lots pledged as collateral. The first will consist of three bedrooms, two bathrooms, approximately 1,704 square feet of living area, and a two-car garage. The second will include three bedrooms, 2.5 bathrooms, approximately 1,777 heated square feet, and a two-car garage. Borrower primary exit strategy is to sell the property after completion.
- Loan Amount: $260,000
- Date: March 2026
