Construction Draws Explained
A construction draw is a portion of the loan funds that are disbursed at different stages of the construction process. Rather than receiving the entire loan amount upfront, the borrower…
How to Apply for a Residential Construction Loan
Are you planning a construction project and need financial support to make your vision a reality? A construction loan is a great option to fund your build from start to…
Private Mortgage Applications That Get Results
Is your lender always coming back to you for additional information? You need a response quickly, but sometimes it seems like they're delaying the process or trying to complicate things.…
Looking for a Construction Loan?
Anyone with aspirations for building or renovating a home, whether for themselves or others, may need help financing their project. In many cases, financial institutions have become more difficult to…
Hillmount Capital Provided CCAA Exit Financing to AgMedica
Hillmount Capital provided a 1st mortgage of $3,000,000 to AgMedica Bioscience Inc. and affiliated entities as part of the company’s CCAA exit plan. The financing was provided for the cannabis…
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…