Financing Property with Reliable Long-Term Lease
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- Financing Property with Reliable Long-Term Lease

Loan Priority
1st Mortgage
Loan Amount
$420,000
Loan to Value (LTV)
65%
Loan Purpose
Borrower required funds to purchase the property, which is currently leased out to a long-term tenant. Once the borrower can show sufficient financial statements from the earned rent associated with the property, they will refinance with a financial institution.
Location
Barrie, ON