This is a $220,000 refinance loan request, secured by a single-family home located in Tampa, Florida. The home is well-maintained and features three bedrooms and three bathrooms, totaling 1,968 square feet of living space, with 1,568 square feet in the main residence and an additional 400 square feet in an Accessory Dwelling Unit (ADU). Borrower exit strategy is to sell the property.
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
