This is a $150,000 refinance loan request, with $130,000 to be disbursed at closing, secured by a newly installed manufactured mobile home located in Crystal River, Florida. The borrower has installed a brand-new 4-bedroom, 2-bathroom mobile home totaling 1,768 square feet on a 0.24-acre lot. Upon Completion of the septic tank, the borrower plans to list the property for sale and may pursue refinancing as a secondary exit strategy.
Collateral:
Type: Refinance
Description:
This request is for a $400,000 refinance loan secured by a single-family residence located in the Walden Lake Community in Plant City, Florida. The property features three bedrooms, five bathrooms, and an executive office that can also serve as an additional bedroom. The residence offers 4,444 square feet of living space on a 0.37-acre lot and is situated directly on a private golf course. Borrower exit strategy is to refinance into a DSCR loan after liquidating other investments.
- Loan Amount: $400,000
- Date: October 2025
