Borrower requested a $165,000 loan to complete a new construction, single-family build in Tampa, Florida. The property will feature 3 beds and 2 baths at 1,527 heated sq/ft. Borrower plans to sell the property once construction is complete as an exit to the loan.
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
