Borrower requested a $435,000 loan to refinance a owner occupied warehouse in Hudson, FL. Appraised value was $750,000. DKC was able to secure a 30 year fixed mortgage for the borrower.
Collateral:
Type: New Construction
Description:
Borrower requested a $165,000 loan to refinance a new construction single-family property in Fort Lauderdale, Florida. The property will feature 3 beds and 2 baths at 1,490 sq/ft with a 430 sq/ft two-car garage. The borrower plans to sell the property as an exit to the loan.
- Loan Amount: $165,000
- Date: April 2024