Borrower requested a $460,000 loan to purchase a 19.89 acre land parcel in Dade City, Florida. The secon collateral is a manufactured mobile home that features 4 bedrooms and 3.5 baths at 2,920 sq/ft on a 2.74-acre lot. The borrower plans to refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $155,000 loan to refinance a single-family property in Tampa, Florida. The property features 2 beds and 1 bath at 1,108 sq/ft, and is tenant occupied. The borrower is using proceeds to complete a build at a different location and will sell the other investment property to exit the loan.
- Loan Amount: $155,000
- Date: July 2024