Borrower requested a $650,000 new construction loan to begin construction of a single-family residence in Tampa, Florida. When completed, the property will feature 4 bedrooms and 4 bathrooms, with a covered lanai and 3,105 square feet of living space. The borrower plans to list the property for sale as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
