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Tiger Woods -- The $54 Million Mortgage

9/1/2010 10:00 AM PDT BY TMZ STAFF

With the real estate market still in the crapper ... Tiger Woods recently took out a $54.5 million mortgage for the mega-mansion he's building on Florida's exclusive Jupiter Island.

Tiger Woods House

TMZ has obtained legal documents filed in Martin County on August 27 -- four days after Tiger finalized his divorce from Elin Nordegren -- in which he lists himself as a "single man" ... possibly for the first time since his marriage ended.

Tiger also agrees to pay back the gargantuan loan by January 15, 2016. So, it seems there's one group of people counting on Tiger to make a comeback -- his lenders.

According to the docs, Tiger's property spans across three parcels of land ... and as we've previously reported, the estate will include a tennis court, oxygen therapy room, multiple pools and a state-of-the-art fitness center.

For more sports stories, check out tmzsports.com!
110 COMMENTS

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16.

DANA    

BOYCOTE NIKE !!!!!!

1481 days ago
17.

Jim K    

Real Estate Holdings are not private, liens / mortgages.
Finding a mortgage on a property is research 101.

Homes in florida are creditor proof, that is why all the telemarketing scams locate in FL. The bigger the home, the
more protection you can secure.

Interest on the homes are tax deductible, based on potential
earnings, this could offset potential tax liability.

1481 days ago
18.

lhartwell    

Oh Tiger, what could have been. Now your reputaion is the crapper, your family is gone, and the legacy you leave is riddled with loose women and porno stars. Repsectable gals.

Now when I think of him all I think of this scandal and him being a hypocrite who gets paid wayyyyyyyyyyyyyyyy toooooooooo much money.

At least his father wasn't alive to watch you turn into a typical man with too much money and time away from home.

How proud he would be that you turned into a pimp. All that money and zero commonsense.

1481 days ago
19.

KP    

If you're supposedly worth 1B, why do you need a 54M mortgage...cant he find that kind of change slipped through the cracks of his couch?

1481 days ago
20.

Barbara    

ABSOLUTELY SICKENING......WITH THE NUMBERS OF FAMILIES AND CHILDREN HUNGRY AND LIVING ON THE STREET IN THE US, THIS IS APALLING.

1481 days ago
21.

Jay    

He has been building that Mansion for about 2 years now, and I would bet that he had planned on paying for it in cash but we all know what happened. The bible tells us in no uncertain terms that: "A FOOL AND HIS MONEY SHALL PART".

1481 days ago
22.

Just sayin    

He needs a large place to entertain the ladies.

1481 days ago
23.

HARRY NIPPLES    

Tiger Woods has no redeeming value to society. ZERO. If Woods endorses a product, thats enough reason alone NOT to buy it.

1481 days ago
24.

skd44    

Actual mortgage do***ents ARE NOT public information TMZ and if you obtained these do***ents, you are violating any states banking laws, so why don't you just say you sent one of your loser assistants down to the courthouse to get the title records or do a deed search to find out the info, don't make it like you got some pertinent information.

1481 days ago
25.

TRW    

Mortgages are not "private, confidential information"...they are of public record. You must either rent, still live at home with mommy & daddy, or never paid attention when you signed on the pervervial dotted line.

1481 days ago
26.

azlee    

that house is like a hotel, it is biggggg. I imagine it is a good tax write off. I'm still rooting for him. yeap, I am.

1481 days ago
27.

Les Steckle    

Tiger did 90 Million last year (Forbes Magazine) This is only 60% of his year: Equivalent avg person makes 40 grand a year it would be $28,000 to you and me. WOW!

1481 days ago
28.

dirty diana    

tiger you'll need a housekeeper..... call me. better yet text me

1481 days ago
29.

Kelly    

One guy needs all this. OUTRAGEOUS!!!!

Woods better get moving and start winning cuz his game SUCKS!!!

IT WILL BE A MIRACLE IF HE EVER WINS AGAIN. HE NEEDS TO START WINNING EVERY GAME TO PAY THIS OFF.

1481 days ago
30.

Nome@home    

Its always good to hear the pivelaged are getting that lttle bit extra!!!
While some of us cant even afford to by tickets to our own sons special development school concert.
I dont envy this man I F#*@!ing resent the privelage he is able to aquire.

1481 days ago
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