Borrower requested a $85,000 on a single-family property in Geneva, Florida. The property features 5 beds and 3 baths at 4,408 sq/ft with an ADU. The borrower currently leases the property at his discretion and plans to refinance as an exit to the loan.
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
