New Loan Funded!

Red Mangrove Ln, Bradenton, FL

Collateral:

Red Mangrove Ln, Bradenton, FL

Description:

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:

Description:

This is a $350,000 refinance loan request secured by two residential dwellings on a single 1.5-acre parcel in Kissimmee, FL. The main residence at Cahokia Ct is a single-family home with four bedrooms, three bathrooms, approximately 2,977 square feet of living space, and an in-ground pool. The second dwelling was newly constructed in 2024 on the same parcel. This structure includes three bedrooms, one bathroom, approximately 1,300 square feet of living space, and a one-car garage. The proposed exit strategy for this loan is to refinance the subject property into a DSCR loan.

Collateral:

Type:

Description:

This is a $150,000 refinance loan request at 60% LTV for a single-family residential property in Tampa, Florida. The home features two bedrooms, one bathroom, 788 square feet of living space, and a pool on a corner lot. The primary plan for this loan is to acquire a new investment property, complete the project, and use the proceeds from the sale to pay off the subject property in full.

Collateral:

Type:

Description:

This is a $150,000 refinance loan request secured by a single-family residence located in Tampa, Florida. The subject property includes three bedrooms, two bathrooms, and approximately 1,200 square feet of living space. The borrower plans to refinance into a DSCR loan as an exit from the loan.