Dittto on the calories.
The other problem and you're typical of a lot of people in your situation, is people start eating healthy and then go for small portions too, sometimes eating things like a Slice of Bread, for Breakfast, or a Peach for Snacks, or a few Beans and some Salad for Lunch as examples.
Surprisingly, this could for some, yield less Mineral, Vitamin and Amino Acid content in the diet, then when they ate foods with loads of Sugar, Salt and Saturates in them, as it's virtually impossible to eat anything that is 100% crap content.
For example, even if you ate little ballbearing sized balls of Lard with a fatty Chocolate covering on them, you'd probably be eating a little good Fat, Fat Soluable Vitamins, (A, D, E and K), Protein, Carbs, Calcium and Catechin Anti-oxident in the Cocoa.
So you could actually be depriving yourself of quite a bit of good nutrition, when sacrificing a lot of the crud as well.
That's why increasing portions of healthy food, is vital to help with things like Bone density, Brain function, muscle mass preservation, etc etc.
Too little could cause, as stated, Fat preservation, and possible weak metabolism, leading to possibly more fat increases and issues with weakened muscles and Bones.
What you're proposing is perfectly possible and visa vie the loose skin issues, providing your weight loss was not silly amounts per week, then you'd be fine. At your weight 2lbs a week should be a target, although be aware anything less than that might indicate you're doing something wrong, or not doing enough, but you could in that instance, be gaining a bit of muscle gain too, so don't get down on yourself, if you're losing a bit less than 2lbs a week, as it might not automatically be a negative thing

.