Success in second mortgages
- Home
- Transactions
- Success in second mortgages

Loan Priority
2nd Mortgage
Loan Amount
$550,000
Loan to Value (LTV)
55%
Loan Purpose
Borrower required funds to put equity into an investment property. Hillmount was able to provide a 2nd mortgage on the borrower’s primary residence. After the completion of enhancements to the investment property and its subsequent sale, the loan will be repaid in accordance with the agreed-upon terms.
Location
Toronto, ON