This is a $130,000 refinance loan request secured by a brand-new manufactured mobile home in Eustis, Florida. It features 1,200-square-foot, three-bedroom, two-bathroom manufactured home on the 0.35-acre parcel. Borrower primary exit strategy for this transaction is selling the property under the existing contract.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
