This is a $100,000 ($75k At closing) new construction loan request for a single-family home in Fort Myers, Florida. The home would have 3-bedroom, 2-bathroom totaling 1,438 square feet of living space, including a two-car garage. His exit strategy for the subject loan is to sell the completed home.
Collateral:
Type: New Construction
Description:
Borrower requested a $110,000 loan to complete construction of a single-family property in Lehigh, Florida. The property features 4 bedrooms and 3 bathrooms, 2,152 square feet of living space, and a 2-car garage on a 0.25-acre lot. Borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
- Loan Amount: $110,000
- Date: July, 2026
