This is a $375,000 refinance loan, secured by a single-family property located in Tampa, Florida. The Property Record Card (PRC) as a 3-bedroom, 1-bathroom, but has been updated by the borrower to a 3-bedroom, 2-bathroom layout. The property comprises 1,794 square feet and is situated on a 0.343-acre lot. Borrower exit strategy is to refinance primary residence and use those proceeds to repay DKC Lending.
Collateral:
Type: Refinance
Description:
Borrower requested a $200,000 refinance loan secured by a single-family residence in Tampa, Florida. Built in 1980, the property features 3 bedrooms, 2 bathrooms, and 1,562 square feet of living space situated on a 0.19-acre lot. Upon completion of the renovations, the borrower intends to refinance into a long-term DSCR loan as the exit strategy.
- Loan Amount: $200,000
- Date: August 2026
