Debt Consolidation and Downsize

The borrower, an experienced real estate investor, required financing to refinance the second and third mortgages on their vacation property. With much of their capital committed to a development project, we structured a flexible refinancing solution in lieu of a reverse mortgage, unlocking equity while avoiding an immediate sale. The financing improved liquidity, covered carrying costs, and provided the time needed to execute an orderly sale. It met the borrower’s immediate objectives while supporting a clear exit strategy, with full repayment expected from the property’s sale at the end of the loan term.