New Loan Funded!

1624 W Stafford St, Hernando, Fl 34442

Collateral:

1624 W Stafford St, Hernando, Fl 34442

Description:

Borrower requested a $250,000 construction loan to build a single-family properly in Hernando, Florida. Borrower has a $400,000 total construction budget planned which DKC will provide a draw schedule to complete. The property will feature 4 beds, 2.5 baths and a two-car garage at 2,117 heated sq/ft. The borrower plans to refinance as an exit from the loan.

Collateral:

Type:

Description:

Borrower requested a $125,000 loan to refinance a single-family property located in Deltona,
Florida. The property features 4 beds and 2 baths at 1,668 sq/ft. The property is currently leased as an annual rental. Borrower plans to refinance as an exit to the loan.

Collateral:

Type:

Description:

Borrower requested a $90,000 loan to purchase a single-family property in Jacksonville, Florida. The borrower plans to renovate the property and sell as an exit to the loan. The property features 4 beds and 2 baths at 1,566 sq/ft, with a detached mother in law suite.

Collateral:

Description:

Borrower requested a $337,000 loan to purchase a commercial property in Gulfport, Florida. The property is currently leased and operated as a K-5 school, owned by a local church. Borrower plans to convert the property into a wellness center once the lease expires, increasing cashflow and then refinancing as an exit to the loan.