The borrower requested a $360,000 refinance loan for a duplex located in Fort Lauderdale, Florida. The building comprises two units, each offering three bedrooms, 2.5 bathrooms, and 1,448 square feet of living space. The borrower can refinance as an exit strategy but may also consider selling the property depending on the price the market will generate.
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
