Recent Loan Closings

Collateral:

Type:

Description:

Borrower requested a $210,000 loan to refinance a single-family property in Spring Hill, Florida. The property features 4 beds and 3 baths at 2,162 sq/ft. The borrower will use the proceeds of the loan to make improvements to the property, lease the property as an annual rental after the renovation, and refinance as an exit to the loan.

Collateral:

Description:

The borrower requested a $162,000 loan to purchase a manufactured property in West Palm Beach, Florida. The property features 2 beds and 2 baths at 970 sq/ft and comes with an additional lot where a garage has been built. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $945,000 loan to refinance a new construction, single-family property in Redington Shores, Florida. The property will feature 3 beds and 3.5 baths at 2,355 sq/ft.

Collateral:

Description:

Borrower requested a $200,000 loan to refinance a new construction single-family property in Cape Coral, Florida. The property will feature 3 beds and 2 baths at 1,932 sq/ft. The borrower plans to sell the property as an exit to the loan.

Collateral:

Description:

Borrower requested a $150,000 loan to complete a new construction project in Port Charlotte, FL. The property will feature 3 beds and 2 baths at 1,593 sq/ft with a two-car garage of 430 sq ft. The borrower plans to sell the property upon completion as an exit to the loan.

Collateral:

Description:

The borrower requested a $85,000 loan to purchase a single-family property in North Fort Myers, Florida. The property features 2 beds and 1 bath at 696 sq/ft. The borrower plans to refinance into a DSCR program as an exit to the loan.