Refinancing and Restructuring Residential Properties
Loan Priority
2nd Mortgage
Loan Amount
$1,000,000
Loan to Value (LTV)
64%
Loan Purpose
Hillmount Capital assisted in refinancing an existing second and third mortgage and combining it into a new second mortgage on a residential land assembly. The borrower will either refinance with a financial institution or sell additional properties to pay out our loan.
Location
Toronto, ON