Securing Success: Financing a Recreational Facility

Borrowers required funds to payout their existing first mortgage on a recreational facility on a 5-acre lot. Leveraging additional properties, Hillmount Capital was able to successfully structure a deal, providing the borrowers with funds to pay out the existing loan. Once cosmetic renovations are complete, and the borrowers have sufficient financial statement history associated with the property, they will refinance with a financial institution.