The borrower is requesting an $800,000 loan to refinance a single-family property in Sarasota, Florida. The property features 4 bedrooms and 4 bathrooms with 4,600 square feet of living space across 2 stories. The home sits on a 7.32-acre lot with an inground pool. The borrower’s stated exit strategy is to refinance the property.
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
