The borrower requested a $425,000 loan to refinance a single-family property in
Brooksville, Florida. The equestrian estate property features 4 beds and 4 baths at 3,112 sq/ft, and a
horse stable on 9.9 acres. The borrower intends to sell the property to exit the loan.
Collateral:
Type: New Construction
Description:
This is a $380,000 new construction loan request for a single-family property located in St. Augustine, FL. The home will feature 3 bedrooms, 2.5 bathrooms, and an office that can serve as an additional bedroom, with a total of 2,256 square feet of living space. The borrower will refinance the subject property if the builds and the sales take longer than anticipated.
- Loan Amount: $380,000
- Date: December 2024
