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 $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
