Recent Loan Closings

Collateral:

Type:

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.

Collateral:

Type:

Description:

This is a $200,000 refinance loan request for a single-family property located in Tampa, Florida. The property features three bedrooms, two bathrooms, a one-car garage, and 1,425 square feet of living space. The borrower intends to refinance the loan using a DSCR loan as an exit strategy.

Collateral:

Description:

This is a $186,000 fix-and-lease loan request ($161,000 at closing) for a single-family property in Tampa, FL. The home features three bedrooms, two bathrooms, and 1,288 square feet of living space. It has already been gutted and reframed, with partially completed bathrooms and flooring. The borrower plans to refinance through a DSCR loan as the exit strategy.

Collateral:

Description:

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:

Description:

This is a $50,000 refinance loan request for a New Port Richey, FL. The property features two bedrooms, two bathrooms, and 960 square feet of living space. The borrower intends to refinance this loan as an exit strategy.

Collateral:

Type:

Description:

Borrower requested a $250,00 loan to purchase a single-family property in Largo, Florida. The property has a single-family residence featuring 3 beds and 1 bath at 988 sq/ft. sitting on a double-lot. The borrower plans to build a single-family residence with 1,700 sq/ft in the split parcel and list it for sale.