Borrower requested a $575,000 1st position loan 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 plans to sell another asset as an exit to this loan.
Collateral:
Type: Refinance
Description:
The borrower requested a $300,000 loan to refinance the property located at Larry Rd, Spring Hill, FL. This property has 2 manufactured homes retired to the land. The borrower is pledging additional collateral located at 60th St, Tampa, FL. The borrower has proven liquidity and plans to repay this loan at maturity.
- Loan Amount: $300,000
- Date: March 2025