Construction Financing for a Bungalow
Loan Priority
1st Mortgage
Loan Amount
$2,600,000
Loan to Value (LTV)
65%
Loan Purpose
The borrower intends on obtaining permits in order to develop and build a 4,640 SF, 2-storey detached home with a finished basement and a two-car garage. Upon completion the property will be sold.
Location
North York