This request is for a $170,000 new construction loan, secured by a single-family residence in Dover, Florida. The planned improvements include a 1,849-square-foot home with three bedrooms, two bathrooms, an office, a two-car garage, and a covered lanai. The borrower primary exit strategy is to sell the property upon completion.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
