Address: Loxahatchee, FL 33470
ARV: $700,000 (As-is)
Loan Amount: $420,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 12.5%
LTV 60%
Loan Purpose: Refinance
Funded June 17, 2025
A local broker we’ve trusted for over five years sent us this loan request. The borrower purchased this investment property many years ago with their partner, who has since passed away. The mortgage was coming due, so they needed to refinance it while working on improving their credit. After helping them secure the loan, we also introduced them to a local credit repair company we’ve been working with for years. Eventually, we were able to refinance them into a DSCR loan, which was a great outcome for everyone.
