This request is for a $380,000 new construction loan for a luxury single-family residence in Wimauma, Florida. The planned residence will offer 4,036 square feet of living space, including four bedrooms, four bathrooms, an office suite that can double as an additional bedroom, and two separate two-car garages, all situated on 5.42 acres. The borrower plans to list the property for sale as an exit strategy from the loan.
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
