The borrower requested a $124,000 loan to purchase a single-family property in Panama City, Florida. The property features 3 beds and 2 baths at 1,150 sq/ft on a 0.29 acre lot. The borrower plans to list the property for sale after the renovation and sell it as an exit to the loan.
Collateral:
Type: Refinance
Description:
This request is for a $60,000 refinance loan secured by a condominium property located in Zephyrhills, Florida. The collateral is a 2-bedroom, 2-bathroom unit with total 876 square feet. Borrower exit strategy for this loan is to sell the Zephyrhills property upon expiration of the lease.
- Loan Amount: $60,000
- Date: October 2025
