This request is for a $380,000 new construction loan for a luxury single-family residence in Wimauma, Florida. The planned residence will offer 4,036 square feet of living space, including four bedrooms, four bathrooms, an office suite that can double as an additional bedroom, and two separate two-car garages, all situated on 5.42 acres. The borrower plans to list the property for sale as an exit strategy 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
