Home with Land Severance

Red Brick House

Loan Priority

2ndĀ Mortgage

Loan Amount

$345,000

Loan to Value (LTV)

72%

Loan Purpose

Loan was provided for the refinancing of a heritage property. The Hillmount Capital solution allowed the borrower to buy out the trustee and sever and restructure the land. After the sale, the borrower was able to refinance the home with a financial institution.

Location

Brampton, ON