Borrower requested a $51,000 loan to purchase a 3 bed 2 bath manufactured mobile home in Montverde, Florida. The property is being purchased for $85,000 and the borrower is planning a $35,000 cosmetic renovation. Borrower is a repeat client of DKC Lending.
Collateral:
Type: Refinance
Description:
Borrower requested a $130,000 loan to refinance a single-family property in Clearwater, Florida. The property features 3 beds and 2 baths at 1,858 sq/ft. The borrower has the property listed for sale and will sell the property as an exit to the loan.
- Loan Amount: $130,000
- Date: April 2024
