Borrower requested a $455,000 loan to refinance 3 manufactured mobile home properties in
Lakeland, Florida, and a condo unit in Destin, Florida. The borrower is cashflowing all assets and plans to pay off the loan with other sale proceeds.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
