The borrower requested a $150,000 loan to refinance a new construction single-family property in New Port Richey, Florida. The property is in the dried-in stage of construction and will feature 3 bedrooms, 2 bathrooms, 1,853 square feet of living space, a 2-car garage, and a home office. Their exit strategy for this loan is to sell the property.
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