Loan amount
$2,900,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$5,400,000
LTV
54%
{LTV}
Property type
Single Family
Borrower Details
Credit score
560
Deal experience
10 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Sarasota
State
Florida
Loan Details
Current mortgage balance
$2,700,000
How much cash-out are you looking for?
$200,000
Additional Loan Information
Proceeds will be used to fund strategic enhancements—to better align the property with top-tier comps and maximize resale value. Conservative leverage (~60% LTV) provides strong collateral coverage.
Status
Open
Created
May 3, 2026 - 9:39am
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