Borrower requested a $60,000 loan to refinance a manufactured home in Spring Hill, FL. Built in 1999, the home sits on 1.08 acres and features 4 bedrooms, 2 bathrooms, and 1,782 square feet of living space. The exit strategy is to refinance into long-term debt.
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
