Borrower requested a $100,000 loan to refinance a single-family property in Zephyrhills, Florida. The property features 2 beds and 1 bath at 864 sq/ft on a 6,340 sq/ft lot and is currently in the process of completing a remodel. The borrower plans to list the property for sale after the renovation is complete as an exit to this loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
