Refinancing and Restructuring Residential Properties

Loan Priority

2nd Mortgage

Loan Amount

$1,000,000

Loan to Value (LTV)

64%

Loan Purpose

Hillmount Capital assisted in refinancing an existing second and third mortgage and combining it into a new second mortgage on a residential land assembly. The borrower will either refinance with a financial institution or sell additional properties to pay out our loan.

Location

Toronto, ON