Financing for Build and Strategic Sale
Loan Priority
2nd Mortgage
Loan Amount
$760,000
Loan to Value (LTV)
65%
Loan Purpose
An experienced builder secured funds from Hillmount Capital through an equity take-out to finalize construction on a luxury 2-storey detached home. The financing package includes both a hard cost facility and an interest reserve, ensuring consistent cash flow and uninterrupted project execution. This highly marketable property is positioned for sale on completion.
Location
Toronto, ON