2nd Mortgage in Aurora

  • $725,000 Loan
  • 75% LTV
  • 11% Interest rate
  • 1-year term
  • Quick closing
  • The value was determined by Realtor Letter of Opinion to accommodate closing

2nd Mortgage in Muskoka

  • $3,750,000 Loan
  • 63% LTV
  • 12% interest rate
  • 6-month term
  • Hotel in need of funds
  • Short-term bridge loan to bank financing
  • Partial equity pull out permitted