This is a $100,000 refinance loan request, secured by a 2-bedroom, 1-bathroom single-family home built in 1939. The property offers 828 square feet of living space and is in moderate condition. The borrower is positioning the property for DSCR refinancing as the loan exit strategy.
Collateral:
Type: New Construction
Description:
This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
