This loan request is for a $110,000 secured by 2 condo units in New Port Richey and Temple Terrace, Florida. First condo has 2 bedrooms, 2 bathrooms, and 923 square feet of living space. Second condo includes 2 bedrooms, 2 bathrooms, and 960 square feet of living space. The borrowers plan to execute a partial principal paydown from the sale of the Temple Terrace property and ultimately refinance.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
- Loan Amount: $200,000
- Date: June 2026
