Borrower requested a $190,000 refinance loan, secured by a single-family residence located in Altamonte Springs, Florida. The subject property is a 1967-built home featuring 3 bedrooms, 2 bathrooms, and 1,740 square feet of living area. The borrowers intend to use a DSCR loan or conventional financing as their 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
