This is a $156,000 loan request for a repeat client, secured by a single-family residential property. The property consists of 3 bedrooms, 1 bathroom, 2,334 square feet of living area, and a one-car garage. The borrower’s planned exit strategy for this loan 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
