Borrower requested a $435,000 loan to refinance a owner occupied warehouse in Hudson, FL. Appraised value was $750,000. DKC was able to secure a 30 year fixed mortgage for the borrower.
Collateral:
Type: Fix and Lease
Description:
Borrower requested a $1,319,000 loan to purchase a single-family property in Naples, Florida. The borrower is additionally pledging a free and clear property in Tampa Fl as collateral for the loan. The borrower will be selling the San Rafael property as an exit to the loan.
- Loan Amount: $1,319,000
- Date: November 2023