This is a $160,000 refinance loan request secured by a single-family residence located in Lakeland, Florida. The home consists of three bedrooms, two bathrooms, and 1,457 square feet of living area, situated on a 0.16-acre lot, and includes a detached accessory dwelling unit (ADU) with a separate entrance intended for rental use. Borrower primary exit strategy is a DSCR refinance.
Collateral:
Type: Refinance
Description:
The borrower is requesting a $200,000 loan secured by a 3/2 single-family home. The borrower’s exit strategy is to refinance into a DSCR loan once the property has established rental history.
- Loan Amount: $200,000
- Date: June 2026
