Borrower requested a $100,000 loan to refinance a single-family new construction in Lehigh Acres, Florida. The property will feature 3 beds and 2 baths at 1,522 sq/ft with 2 car garage. The borrower aims to refinance as an exit to the loan.
Collateral:
Type: New Construction
Description:
Borrower requested a $425,000 loan to begin construction on a single-family property in Lakeland, Florida. The property will feature 4 beds and 3 baths at 3,727 sq/ft. The target sale price for the completed property is estimated $1.1 million.
- Loan Amount: $425,000
- Date: September 2024