Borrower requested a $250,000 loan to purchase a single family property in Temple Terrace, Florida. Property is a 3 bed 2 bath a 1,915 sq/ft. The borrower paid $307,000 for the property and has a $68,000 construction budget planned in which DKC Lending will have a $35,000 construction holdback.
Collateral:
Type: Refinance
Description:
Borrower is requesting a $325,000 loan secured by a single-family property in Tampa, Florida. The property features 9 bedrooms, 5 bathrooms, 4,010 heated square feet, and sits on a 16,496-square-foot lot while being rented for $9,000 per month. The borrower plans to refinance the loan as exit strategy.
- Loan Amount: $325,000
- Date: September 2026
