New Loan Funded!

NW 11th St, Fort Lauderdale, FL

Collateral:

NW 11th St, Fort Lauderdale, FL

Description:

The borrower requested a $360,000 refinance loan for a duplex located in Fort Lauderdale, Florida. The building comprises two units, each offering three bedrooms, 2.5 bathrooms, and 1,448 square feet of living space. The borrower can refinance as an exit strategy but may also consider selling the property depending on the price the market will generate.

Collateral:

Description:

This is a new construction loan for a single-family residence to be developed in Plant City, Florida. The proposed structure will feature six bedrooms, six bathrooms, and a two-car garage, totaling approximately 3,664 square feet. The primary exit strategy is to sell the completed property.

Collateral:

Type:

Description:

The borrower requested a $175,000 loan to refinance two single-family properties in Lake City, Florida. The 1st property features 3 bedrooms, 1.5 bathrooms, and 1,346 sq/ft, while the 2nd property offers 3 bedrooms, 1 bathroom, and 1,152 sq/ft on a 2-acre lot. The borrower intends to refinance as an exit strategy for the loan.

Collateral:

Type:

Description:

This is a $150,000 refinance loan for a single-family property in Tampa, Florida. The home consists of two bedrooms and one bathroom; however, the inspection report reflects a layout of three bedrooms and two bathrooms with a total living area of 1,264 square feet. As an exit strategy, the borrower plans to refinance the subject property through a Debt Service Coverage Ratio (DSCR) loan.