Borrower requested a $110,000 loan to refinance a new construction single-family property in Kissimmee, Florida. The property will feature 3 beds and 2 baths at 1,748 sq/ft. The borrower plans to lease the property for an annual rental and refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
This request is for a $60,000 refinance loan secured by a condominium property located in Zephyrhills, Florida. The collateral is a 2-bedroom, 2-bathroom unit with total 876 square feet. Borrower exit strategy for this loan is to sell the Zephyrhills property upon expiration of the lease.
- Loan Amount: $60,000
- Date: October 2025
