Borrower requested a $165,000 loan to finish the construction of a single-family property in Cape Coral, Florida. The subject property will feature 3 beds and 2 baths at 1,666 sq/ft. Borrower plans to sell the property upon completion of construction as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.
- Loan Amount: $150,000
- Date: May 2025