Recent Loan Closings

Collateral:

Type:

Southern Ave, Lakeland, FL 33815

Description:

Borrower requested a $135,000 loan to refinance a single-family rental property in Lakeland, Florida. The property features 2 beds and 2 baths at 963 sq/ft on a 5,994 sq/ft lot.

Collateral:

Type:

Thelma Dr, Lake Alfred 33850

Description:

Borrower requested a $50,000 loan to purchase a manufactured mobile home in Lake Alfred, Florida. The property features 2 beds and 2 baths at 840 sq/ft. Borrower plans to renovate the property and then sell it as an exit to the loan.

Collateral:

Type:

Fielder St Tampa, FL 33611

Description:

Borrower requested a $50,000 loan to refinance a single-family property in South Tampa, Florida. The property features 2 beds and 1 bath at 1,026 sq/ft. The borrower intends to demolish the current home and build a new construction single-family property on the lot. The borrower plans to sell another flip property on the market as an exit to the loan.

Collateral:

Type:

Pin High Dr, Pensacola, FL 32526

Description:

Borrower requested a $35,000 loan to refinance a single-family property in Pensacola, Florida. The borrower purchased the lot in 2022 and has since constructed a single-family residence, currently in the drywall stage. The property features 4 beds and 2.5 baths at 2,515 sq/ft. The borrower plans to refinance the property as an exit to the loan.

Collateral:

17th St Bradenton FL 34208

Description:

Borrower requested a $337,000 loan to purchase a single-family property in Bradenton, Florida. The property features 3 beds and 2 baths at 1,444 sq/ft. The borrower is selling another property owned as an exit to the loan.

Collateral:

Type:

15th Ave S, St Petersburg, FL 33711

Description:

Borrower requested a $100,000 loan to refinance a single-family property in Saint Petersburg, Florida. The property features 2 beds and 1 bath at 772 sq/ft. The borrower is currently leasing the property and plans to refinance as an exit to the loan.

Collateral:

Flowers Dr, Fort Myers FL 33907

Description:

Borrower requested a $175,000 loan to purchase a single-family property in Fort Myers, Florida. The property features 3 beds and 2 baths at 2,033 sq/ft. The property is currently tenant-occupied on an annual lease. The borrower plans to keep the property as a rental and then refinance as an exit to the loan.

Collateral:

Type:

W Candlewood Ave, Tampa, FL 33603

Description:

Borrower requested a $275,000 loan to purchase a single-family property in Tampa, Florida. The Frierson property features 2 beds and 1 bath at 788 sq/ft and sits on a 5,824 sq/ft lot, and is currently rented as an annual lease. The Candlewood property features 2 beds and 1 bath at 972 sq/ft on a 7,476 sq/ft lot, and the borrower plans to complete a remodel and sell for profit as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $90,000 loan to purchase a single-family property in Jacksonville, Florida. The borrower plans to renovate the property and sell as an exit to the loan. The property features 4 beds and 2 baths at 1,566 sq/ft, with a detached mother in law suite.

Collateral:

Description:

Borrower requested a $337,000 loan to purchase a commercial property in Gulfport, Florida. The property is currently leased and operated as a K-5 school, owned by a local church. Borrower plans to convert the property into a wellness center once the lease expires, increasing cashflow and then refinancing as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $150,000 loan to refinance a newly constructed, single-family property in Homosassa, Florida. The property features 3 beds and 2.5 baths at 2,079 sq/ft and recently received the certificate of occupancy.

Collateral:

Type:

Description:

Borrower requested an $85,000 loan to refinance a manufactured mobile home property in Dover, Florida. The property features 2 manufactured homes, the first featuring 4 beds and 2 baths at 1,512 sq/ft and the 2nd features 2 beds, 1 bath at 900 sq/ft.

Collateral:

Description:

Borrower requested a $165,000 loan to complete a new construction, single-family build in Tampa, Florida. The property will feature 3 beds and 2 baths at 1,527 heated sq/ft. Borrower plans to sell the property once construction is complete as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $220,000 loan to refinance a single-family property in Dunedin, Florida. Borrower plans to complete a cosmetic renovation that includes a new roof and rent-ready updates. The property features 2 beds and 2 baths at 1,376 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Description:

Borrower requested a $245,000 loan to purchase a single-family property in Weeki Wachee, Florida. The borrower paid $350,000 for the property and will be performing minor cosmetic upgrades. The property features 3 beds and 2 baths at 1,732 sq/ft on a 1.41 acre lot. Borrower plans to lease the property as an annual rental and refinance as an exit to the loan.

Collateral:

43rd St S, St Petersburg, FL 33711

Description:

Borrower requested a $115,000 loan to purchase a single-family property in St. Petersburg, Florida. The property features 2 beds and 1 bath at 800 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Type:

Valewood Dr, Naples, FL 34119

Description:

Borrower requested a $535,000 loan to refinance a single-family property in Naples, Florida. The property features 4 beds and 7 baths at 7,240 sq/ft sitting on a 0.82 acre lot. The borrower is selling another investment property simultaneously and will use sale proceeds as an exit to the loan.

Collateral:

Type:

56th St, Gulfport, FL 33707

Description:

Borrower requested a $250,000 loan to refinance a single-family property in Gulfport, Florida. The borrower has an extensive rehab budget planned, and the property features 3 beds and 1 bath at 1,027 sq/ft. The borrower plans to complete the renovation, lease the property and refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $157,000 loan to purchase a single-family property in Panama City, Florida. The property features 4 beds and 2 baths at 1,940 sq/ft. Borrower plans to complete a remodel and then list the property for sale after the renovation as an exit to the loan.

Collateral:

Type:

Diamond St, Tampa, FL 33619

Description:

Borrower requested a $240,000 loan to refinance a multi-family property (duplex) in Tampa, Florida. The property features 2 units, each featuring 3 beds and 1 bath at 936 sq/ft (1,872 sq/ft total). Borrower is keeping the property as a long-term rental, and is using the loan proceeds to purchase another investment property.

Collateral:

Type:

Description:

Borrower requested a $220,000 loan to purchase a single-family property in Cape Coral, Florida. The borrower is planning to complete a renovation on the property that features 3 beds and 2 baths at 1,458 sq/ft on a 9,757 sq/ft lot. Borrower plans to complete the renovation and sell for a profit as an exit to the loan.

Collateral:

Mango St, New Port Richey, FL 34654

Description:

Borrower requested a $45,000 loan to purchase a manufactured home in New Port Richey, Florida. The property features 2 beds and 2 baths at 840 sq/ft. The borrower plans to lease the property for an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Type:

Bonita Vista Dr, Tampa, FL 33634

Description:

Borrower requested a $55,000 loan to refinance a single-family property in Tampa, Florida. The property was purchased in 2000 and features 2 beds and 2 baths at 1,314 sq/ft. The borrower plans to perform minor updates to the property and is currently leasing the property for $2,500 a month, refinancing as an exit to the loan.

Collateral:

Type:

Guardian Ave, Holiday, FL 34690

Description:

Borrower requested a $119,000 loan to purchase a single-family property in Holiday, Florida. The borrower plans to self-fund a remodel, and then sell as an exit to the loan. The property features 2 beds and 2 baths at 1,004 sq/ft.

Collateral:

98th Ave, Pinellas Park, FL 33782

Description:

Borrower requested a $500,000 loan to refinance a single-family property in Pinellas
Park, Florida. The property features 4 beds and 3.5 baths at 2,812 sq/ft sitting on a 3/4 acre
lot. The borrower plans to use the funds to complete repairs on the property in preparation to list the property on Airbnb. Borrower plans to refinance as an exit from the loan.

Collateral:

Type:

W Rio Vista Ave, Tampa, Fl 33603

Description:

Borrower requested a $158,000 loan to purchase a single-family property in Tampa, Florida. The property features 2 beds and 1 bath at 975 sq/ft on a 6,242 sq/ft lot and is currently in framing, in need of a full remodel. Borrower plans to list the property for sale
after the renovation as an exit to the loan.

Collateral:

Type:

Howell Rd, Plant City, FL 33566, Wiggins Rd, Plant City, FL 33566

Description:

Borrower requested a $200,000 loan to purchase a manufactured property in Plant City, Florida. The borrower additionally pledged another property in Plant City, owned free and clear as collateral to the loan. Borrower plans to lease the property as an annual rental after the renovation and refinance as an exit to the loan.

Collateral:

Type:

Bayway Blvd #804, Clearwater, FL 33767

Description:

Borrower requested a $300,000 loan to refinance a condo in Clearwater, Florida. The property features 2 beds and 2 baths at 1,260 sq/ft and was built in 1974. The property is currently rented out on an annual basis, but will soon be converted to a short-term rental.

Collateral:

N 42nd St, Tampa, FL 33610

Description:

Borrower requested a $175,000 loan to acquire a single-family property in Tampa, Florida. The property features 2 bedrooms and 1 bath at 800 sq/ft. The property has recently undergone a comprehensive renovation and is in excellent condition. The borrower plans to lease the property as an annual rental and plans to refinance as an exit to this loan.