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: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
