Office and Warehouse Refinance

construction mortgage

Loan Priority

1st Mortgage

Loan Amount

$1,300,000

Loan to Value (LTV)

61%

Loan Purpose

The borrower required funds to pay off their existing mortgages and inject capital into the business. The bank was not able to provide the additional funds required as the borrower did not meet their updated lending criteria.

Location

Innisfil, ON