The collateral is a 1971-built, 1,068 SF concrete block stucco single-family residence featuring 2 bedrooms and 1 bathroom, situated on a 0.13-acre seawalled canal-front lot. The borrower plans to refinance as the primary exit strategy.
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
