Borrower requested a $115,000 loan to refinance a single-family property in Deland, Florida. The property features 6 beds and 4 baths at 2,300 sq/ft. The borrower plans to lease the property as an annual rental after the renovation and then refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $155,000 refinance loan request, secured by a single-family residence located in Jacksonville, Florida. The subject property is a 3-bedroom, 2-bathroom home with 1,545 square feet of living area, a 1-car garage and an inground pool. The borrower will list the property for sale as the exit strategy to repay the loan in full.
- Loan Amount: $155,000
- Date: September 2025
