Borrower requested a $975,000 loan to purchase a new construction single-family property in Bradenton, Florida. The property features 4 beds and 5 baths at 3,834 sq/ft. The borrower is a repeat DKC client and got the property under contract pre-construction at a discounted price and intends to sell the property directly after closing.
Collateral:
Type: Refinance
Description:
This request is for a $110,000 refinance loan secured by a single-family residence located in Palmetto, Florida. The subject property was built in 2001 and consists of a 3-bedroom, 2-bathroom home with 1,060 square feet of living area and a one-car garage. Borrower will refinance as the loan’s exit strategy.
- Loan Amount: $110,000
- Date: January 2026
