This is a $130,000 new construction loan request secured by a 3-bedroom, 2-bath single-family home with a garage totaling 1,342 heated sqft located in Tallahassee, FL. The borrower plans to list the property for sale as an exit to 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
