This is a $175,000 refinance loan request for a waterfront single-family home in Cape Coral, Florida. The property features three bedrooms, three bathrooms, and 2,134 square feet of living space. Additional highlights include an inground pool, a canal view, and a three-car garage. The borrower plans to refinance as an exit from the DKC loan.
Collateral:
Type: Fix and Lease
Description:
This financing opportunity involves a $2.5 million lending request structured as two interest-only mortgages with a 2-year term and 12% fixed interest. The transaction includes a commercial acquisition loan supported by multiple commercial real estate assets, along with a separate residential refinance, resulting in a conservative overall loan-to-value ratio backed by substantial collateral. The primary exit strategy is to refinance the commercial property.
- Loan Amount: $2,500,000
- Date: July 2026
