The borrower is requesting a $125,000 new construction loan for a single-family property in Port Charlotte, FL. Upon completion, the property will feature 3 bedrooms, 2 bathrooms, a laundry room, and 1,046 square feet of living space. The borrower plans to refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
