Borrower requested a $80,000 loan to refinance a condo property in Orlando, Florida. The property features 2 beds and 2 baths at 1,222 sq/ft and was recently renovated in the last 2 years. The borrower plans to refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
