Second Mortgage – 11 Properties
The Situation: The borrower required funds for debt consolidation, tax arrears, and working capital for a business venture. The borrower owns 11 residential rental properties, all carried 1st mortgages with…
COVID-19: Real Estate Update – August 7, 2020
The following update is based on our ongoing discussions with borrowers and industry peers, but we are ultimately taking direction from the government, financial regulators, and our stakeholders. Our observations…
Second Mortgages Are Worth a Second Look
Is a second mortgage the right option for your client? It’s a question and a dilemma for mortgage brokers, financial advisors, and debt counsellors as they endeavor to find the…
Hillmount Capital is Available on Velocity and Expert
We’re pleased to announce that you can now submit directly to Hillmount Capital through Velocity and Expert for mortgage financing. We’re excited to be part of these online platforms that…
COVID-19: Real Estate Update – June 16, 2020
The following update is based on our ongoing discussions with borrowers and industry peers, but we are ultimately taking direction from the government, financial regulators, and our stakeholders. Our observations…
COVID-19: Real Estate Update – May 12, 2020
Following eight weeks of widespread physical distancing measures in Ontario, part of our economy is preparing a phased-in reopening. It is at this critical time that we begin to see…