New Loan Funded!

62nd Way, Pinellas Park, FL

Collateral:

62nd Way, Pinellas Park, FL

Description:

This is a $550,000 (52% LTV) refinance loan request secured by three Pinellas Park Townhomes, newly built. The three newly constructed townhomes are located at 62nd Way, Pinellas Park. These units are part of an eight-unit development built by the borrower, who also acted as the project’s developer. The anticipated loan payoff will come from the sale proceeds of the two remaining townhomes or the liquidation of other real estate assets.

Collateral:

Type:

Description:

This is a $290,000 refinance loan request, with $260,000 to be disbursed at closing, secured by a single-family property located in Land O’ Lakes, Florida. The property consists of four bedrooms, two bathrooms, 1,987 square feet of living space, and includes a two-car garage. Borrower primary strategy is to sell the property post-renovation, remains open to refinancing.

Collateral:

Type:

Description:

This is a $220,000 refinance loan request, secured by a single-family home located in Tampa, Florida. The home is well-maintained and features three bedrooms and three bathrooms, totaling 1,968 square feet of living space, with 1,568 square feet in the main residence and an additional 400 square feet in an Accessory Dwelling Unit (ADU). Borrower exit strategy is to sell the property.

Collateral:

Type:

Description:

This is a $375,000 refinance loan, secured by a single-family property located in Tampa, Florida. The Property Record Card (PRC) as a 3-bedroom, 1-bathroom, but has been updated by the borrower to a 3-bedroom, 2-bathroom layout. The property comprises 1,794 square feet and is situated on a 0.343-acre lot. Borrower exit strategy is to refinance primary residence and use those proceeds to repay DKC Lending.