The borrower requested a $720,000 loan to refinance a single-family property located in Naples, Florida. Built in 2014, the home features 6 bedrooms, 4 bathrooms, 3,266 square feet of living area, a 2-car garage, and a screened-in inground pool situated on a 0.22-acre lot. The New York property is a brick multifamily asset originally built in 1905 and consists of three units: one 4-bedroom/1-bath unit, one 3-bedroom/1-bath unit, and one 2-bedroom/1-bath unit. The goal is to position to refinance into a conventional mortgage product in the future.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
