Quick Closing for Mixed-Use Property

Loan Priority

1st Mortgage

Loan Amount

$900,000

Loan to Value (LTV)

49%

Loan Purpose

Borrower urgently required funds for a time-sensitive mixed-use property purchase. With insufficient upfront capital, the borrower required equity for the downpayment. Leveraging the borrower’s additional properties, Hillmount Capital was able to successfully structure a deal, providing the borrower with funds for a timely and seamless close.

Location

St. Catharines, ON