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: New Construction
Description:
Borrower has requested $125,000 to complete construction of a two-story, wood-frame duplex in Augusta, GA. Each unit of the duplex will offer 1,580 square feet of living space, with 794 square feet on the first floor and 786 square feet on the second. The borrower’s primary exit strategy is to sell the completed duplex.
- Loan Amount: $125,000
- Date: October 2026
