Borrower requested a $220,000 loan to refinance a single-family property in Dunedin, Florida. Borrower plans to complete a cosmetic renovation that includes a new roof and rent-ready updates. The property features 2 beds and 2 baths at 1,376 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.
Collateral:
Type: Refinance
Description:
Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.
- Loan Amount: $125,000
- Date: September 2023
