This is a $125,000 refinance loan request at 50% LTV for a single-family home in Bradenton, FL. The property features two bedrooms, two bathrooms, and 1,766 square feet. The borrower intends to list the home for sale as an exit strategy.
Collateral:
Type: Refinance
Description:
This is a $400,000 refinance loan request for a quadplex in Treasure Island, FL, which the borrower owns free and clear. The property consists of four one-bedroom, one-bathroom units, each measuring 527 square feet, for a total living space of 2,108 square feet. Borrower plans to make monthly interest payments using the property’s cash flow and available reserves.
- Loan Amount: $400,000
- Date: March 2025