Borrower requested a $125,000 loan to refinance a commercial condo unit in Fort Lauderdale, Florida. The property features one commercial unit with 682 sq/ft. The borrower plans to lease the property refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.
- Loan Amount: $150,000
- Date: May 2025