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:
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
