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: New Construction
Description:
This is a $200,000 new construction loan request secured by a single-family new construction project in Tampa, FL. The subject property will feature 3 bedrooms and 2 bathrooms, a 1-car garage with 1,176 square feet of living space. The borrower plans to refinance the property as an exit to this loan.
- Loan Amount: $$200,000
- Date: May 2026
