Loan Request for Residential loan in St. Petersburg, CA, 92008

Request #3769050 by Lender

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Date Posted

10/27/2025 10:41:54 AM

Property at

St. Petersburg, CA, 92008, USA Show Map

Borrower at

Property Type

Residential

Property Value

$6,000,000

Loan Request

$2,900,000

LTV

48.33 %

Credit Rating

660-679

Loan Purpose

Purchase and Construction

Purpose

Ground up construction 2 building containing 10 units. Land Acquisition $360,000.00
Architectural Design Fees $134,400.00
Construction Cost $2,440,000.00
Contingency Cost $11,200.00
Total Development Cost $2,945,600.00

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Loan Request for Residential loan in St. Petersburg, CA, 92008