Modern Home Renovation
- Home
- Transactions
- Modern Home Renovation

Loan Priority
1st Mortgage
Loan Amount
$4,800,000
Loan to Value (LTV)
60%
Loan Purpose
The borrower required refinancing to replace an existing lender that was unable to fund the remaining construction of their new primary residence. We structured a customized facility that refinanced the acquisition loan and provided additional capital to complete the project, including an interest reserve. The solution enabled the borrower to move forward without delay and maintain momentum on the construction of their executive home.
Location
Toronto, ON