Woods takes out $75m mortgage on Florida estate

Fresh off his divorce, world golf No 1 Tiger Woods has taken out a $US54.5 million ($NZ75.79 million) mortgage on his Florida waterfront estate.

Mortgage documents filed last month in Martin County show Woods will make payments to an entity called JRD Florida Ventures LLC.

That is a Virginia company whose registered agent is an attorney with the firm that represented Woods' ex-wife, Elin Nordegren, in their divorce.

No details of the divorce settlement have been made public. The documents say Woods will pay the mortgage in full by January, 2016.

Woods and Nordegren divorced on August 23 and the mortgage papers were dated August 25.