The borrower is requesting a $120,000 loan to refinance a single-family residence located in Mulberry, Florida. The property consists of 3 bedrooms, 3 bathrooms, and approximately 2,916 square feet of living area. The borrower’s exit strategy is the retail sale of the subject property upon completion of the planned renovations.
Collateral:
Type: Fix and Lease
Description:
The borrower has requested a $242,000 loan to purchase a townhome in Wesley Chapel, Florida. The home was completed in 2025 and features 3 bedrooms, 2.5 bathrooms, and approximately 2,132 square feet of living space across two stories. The property also includes a two-car garage. As an exit strategy, borrower intends to refinance the property.
- Loan Amount: $242,000
- Date: June 2026
