Experienced builder in Polk county requested a $140,000 new construction loan to complete a residential spec home on a double lot in Lakeland Fl. DKC Lending provided an $140,000 construction loan (draw schedule), on a total $195,000 construction budget, with the builder additionally pledged the double lot as collateral for the loan.
Collateral:
Type: Refinance
Description:
This is a $100,000 refinance loan request secured by a single-family property located in Odessa, FL. The subject property, built in 2023, features 4 bedrooms, 3.5 bathrooms, and 3,038 square feet of living space. The exit strategy is the sale of the property
- Loan Amount: $100,000
- Date: April 2026
