New Loan Funded!

Lehigh Acres, FL

Collateral:

Lehigh Acres, FL

Description:

Borrower requested a $120,000 construction loan, to complete construction of a duplex in Lehigh Acres, Florida. Upon completion, the property will consist of 2,398 square feet of living area and feature 6 bedrooms, 4 bathrooms, and two one-car garages. Each unit will include 3 bedrooms, 2 bathrooms, 1,199 square feet of living space, and a one-car garage. The borrower’s primary exit strategy is to sell the property upon completion.

Collateral:

Type:

Description:

The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.

Collateral:

Type:

Description:

Borrower requested a $150,000 TRID loan, to refinance a single-family property in Jacksonville, Florida. The 1985-built home features 3 bedrooms, 3.5 bathrooms, and 2,038 square feet of living space across two stories. Borrower intended exit strategy is to refinance into a conventional loan once the planned improvements are completed.

Collateral:

Type:

Description:

Borrower requested a $185,000 loan to purchase a single-family property in Pace, Florida. The property features 3 bedrooms and 2 bathrooms at 2,067 square feet of living space on 1.29 acres. The borrower is collateralizing a 4-bedroom, 2-bathroom home with 1,749 square feet of living space. Borrower intends to sell both properties as an exit to the loan.