Condo Bridge Loan
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- Transactions
- Condo Bridge Loan

Loan Priority
1st Mortgage
Loan Amount
$265,000
Loan to Value (LTV)
72% of purchase price
Loan Purpose
The loan was provided to close on a newly built condo unit that was purchased pre-construction. The LTV based on the appraised value of the unit was 59%.
Location
Scarborough, ON