This is a $130,000 new construction loan request, with $50,000 to be disbursed at closing, for a single-family residence located in Port Charlotte, Florida. Once finished, the property will feature three bedrooms, two bathrooms, and approximately 1,046 square feet of living space. Borrower has good credit score and is qualified to refinance the property if needed.
Collateral:
Type: New Construction
Description:
This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
