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 $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
