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:
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
- Loan Amount: $130,000
- Date: April 2024