Borrower requested a $50,000 loan to refinance a free & clear single-family property in Naples, Florida. The property features 2 beds and 1 bath at 1,357 sq/ft on 2.5 acres. The sale of the property is the borrower’s exit from the loan.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $125,000 first-lien refinance secured by a vacant lakefront parcel located on Lakeside Dr.,Lutz, FL. The collateral consists of a 0.42-acre irregular-shaped unimproved lot with approximately 80 linear feet of direct frontage on a private ski lake. The borrower’s exit strategy is an o sale of the subject parcel.
- Loan Amount: $125,000
- Date: September 2026
