Borrower requested a $195,000 fix-and-lease loan secured by a single-family property located in Jacksonville, FL. The subject property, built in 1972, features 4 bedrooms, 2 bathrooms, and 1,884 square feet of living space, along with a two-car garage and an in-ground pool situated on a 0.29-acre lot. The exit strategy is to refinance the loan.
Collateral:
Type: New Construction
Description:
This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.
- Loan Amount: $$200,000
- Date: May 2026
