The borrower requested a $100,000 new construction loan for a single-family property located in Lehigh Acres, FL. The property features 3 bedrooms, 2 bathrooms, 1,715 square feet of living space, and a 2-car garage. The borrower intends to sell the subject property as the exit strategy for this 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
