01 -
Toss the sliced strawberries with granulated sugar in a bowl. Let stand for 20 minutes, then drain and reserve the syrup for serving if desired.
02 -
In a large bowl, beat the softened cream cheese until smooth. Add the sweetened condensed milk and beat again until creamy with no lumps.
03 -
In a separate bowl, whisk the cold milk, instant vanilla pudding mix, and vanilla extract for about 2 minutes until thickened.
04 -
Beat the cold heavy cream with powdered sugar until firm peaks form. Do not overbeat or the cream will turn grainy.
05 -
Fold the pudding mixture into the cream cheese mixture, then fold in the whipped cream until smooth and fluffy.
06 -
Slice the bananas and toss them lightly with lemon juice. Use only enough lemon juice to coat the slices thinly.
07 -
In a 9x13-inch dish, arrange a layer of vanilla wafers, half the bananas, half the strawberries, and half the pudding filling. Repeat the layers, then top with extra wafers and strawberries if desired.
08 -
Cover and refrigerate for at least 4 hours, or up to 24 hours. Serve cold with a drizzle of reserved strawberry syrup if you like.