This request is for a $240,000 new construction loan, with $110,000 to be funded at closing, secured by a single-family residence located in St. Petersburg. The property will feature three bedrooms, two bathrooms, and approximately 1,500 square feet of living space. The primary exit strategy is to complete construction, obtain a certificate of occupancy, and sell the property. As a secondary exit strategy, the borrower maintains a strong credit profile and can refinance the property if market conditions require additional time to achieve a sale.

This loan totals $1,590,000, with $260,000 disbursed at closing, secured by a double-lot land asset located in Safety Harbor, Florida. The site consists of approximately 0.26 acres, and the borrower intends to subdivide the parcel and construct two new single-family homes. Each residence is planned as a two-story property featuring four bedrooms, four bathrooms, a two-car garage, and approximately 3,000 square feet of living space.

This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.