The borrower has requested a $162,000 loan to refinance a townhome property in Fort Myers, Florida. The property features 3 bedrooms, 2.5 bathrooms, and 1,767 sq/ft.The borrower is open to either a sale or refinance as an exit to the loan.
Collateral:
Type: New Construction
Description:
This is a $380,000 new construction loan request for a single-family property located in St. Augustine, FL. The home will feature 3 bedrooms, 2.5 bathrooms, and an office that can serve as an additional bedroom, with a total of 2,256 square feet of living space. The borrower will refinance the subject property if the builds and the sales take longer than anticipated.
- Loan Amount: $380,000
- Date: December 2024
