This request pertains to a $360,000 new-construction loan for a single-family residential property in Largo, Florida. The proposed home will feature three bedrooms, two bathrooms, and a two-car garage, totaling approximately 1,746 square feet on a 0.19-acre lot. Borrower primary exit strategy is to sell the property.
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
