Borrower requested an $80,000 loan to purchase buildable land in Weeki Wachee, Florida. The borrower is collateralizing the property on Benes Roush Rd, which features 2 bedrooms and 1 bathroom 960 sqft MH that is located on 1 acre. The borrower plans to refinance as an exit loan.
Collateral:
Type: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026