Refinance and Equity Take Out for Cosmetic Renovations
- Home
- Transactions
- Refinance and Equity Take Out for Cosmetic Renovations

Loan Priority
1st Mortgage
Loan Amount
$1,000,000
Loan to Value (LTV)
62%
Loan Purpose
Borrower required funds to pay off existing private loans, as well as an equity take out to make cosmetic changes to additional investment properties owned by the borrower. Once the renovations are complete, the borrower intends to refinance these properties with a financial institution to pay off the Hillmount Capital loan.
Location
Toronto, ON