New Loan Funded!

Plum Ave, Seffner, FL & Miller Dr, Riverview, FL

Collateral:

Plum Ave, Seffner, FL & Miller Dr, Riverview, FL

Description:

This loan request is for $160,000, representing a 56% Loan-to-Value (LTV), to fund the purchase and renovation of a manufactured mobile home in Riverview, Florida. The subject property features 2 bedrooms and 2 bathrooms, encompassing 1,680 square feet of living space. This secondary property has two bedrooms, one bathroom, and 650 square feet of living space. The borrower will refinance as an exit to the loan.

Collateral:

Description:

Borrower requested a $650,000 loan to purchase a single-family property in Tarpon Springs, Florida. The property being purchased features 2 beds and 2 baths at 2,188 sq/ft with a pool. The borrower is cross collateralizing another property in pristine condition, featuring 4 beds and 5 baths in 3,849 sq/ft with a pool. The borrower will be selling the property as an exit from the loan.

Collateral:

Description:

This is a $110,000 new construction loan request to complete the construction of a single-family home in Tampa, Florida. Upon completion, the property will feature three bedrooms, two bathrooms, a two-car garage, and 1,700 square feet of living space. Once completed, the borrower plans to sell the property as an exit strategy for the loan.

Collateral:

Description:

This is a $100,000 loan request to acquire a single-family tear-down property in Tampa, FL. The existing structure is a two-bedroom, one-bathroom single-family home built in 1948, which is slated for demolition. The lot is zoned RS50 and measures 50 x 95 and 4,750 square feet. The borrower plans to sell the completed single-family home once construction is finished as an exit strategy for the loan.