Borrower requested a $195,000 loan to purchase a mid-construction single-family property in Winter Haven, Florida. Upon completion of the project, the property will feature 2 beds and 2 baths at 1,470 living square feet. The borrower additionally pledged a rental property as collateral to the loan and intends to list the new construction property upon project completion as an exit to the loan.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
