This is a $130,000 new construction loan request, with $50,000 to be disbursed at closing, for a single-family residence located in Port Charlotte, Florida. Once finished, the property will feature three bedrooms, two bathrooms, and approximately 1,046 square feet of living space. Borrower has good credit score and is qualified to refinance the property if needed.
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
