New Loan Funded!

2786 N 41st Avenue St Petersburg FL 33714

Collateral:

2786 N 41st Avenue St Petersburg FL 33714

Description:

Borrower requested a $170,000 loan to purchase a single family home in St. Petersburg Fl. Borrower is a realtor and repeat client of DKC Lending. Borrower has a $20,000 renovation planned, primarily cosmetic, including paint, kitchen and bathroom updates, and will use their own capital. The roof was replaced in 2014 and needs minor repairs. Property is zoned multifamily.

Collateral:

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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.

Collateral:

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Description:

Borrower requested a $150,000 TRID loan, to refinance a single-family property in Jacksonville, Florida. The 1985-built home features 3 bedrooms, 3.5 bathrooms, and 2,038 square feet of living space across two stories. Borrower intended exit strategy is to refinance into a conventional loan once the planned improvements are completed.

Collateral:

Type:

Description:

Borrower requested a $185,000 loan to purchase a single-family property in Pace, Florida. The property features 3 bedrooms and 2 bathrooms at 2,067 square feet of living space on 1.29 acres. The borrower is collateralizing a 4-bedroom, 2-bathroom home with 1,749 square feet of living space. Borrower intends to sell both properties as an exit to the loan.