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New Construction Residential - WLW Capital

New Construction Residential

Project Description

Tampa, FL

WLW Capital (“WLW”) provided a New Construction Loan to an experienced local builder who has closed multiple loans with WLW in the past. The borrower pledged the builder ready, lot, fully prepared for a slab, located in West Tampa, as the collateral for the loan. This mortgage has predetermined thresholds, managed via inspections for each draw.

Loan Amount: $250,000
Loan To Value:  22%
Term: 1 Year
Type:  New Construction