🏡 Mortgage Amount: $1,000,000.00
📉 Interest Rate: Private 2nd Mortgage
🔑 Loan-to-Value: 73% LTV
This is a special one. Another construction mortgage closed for our long-term client, marking our 10th mortgage with him! 🙏🏼🎉 As an avid builder and entrepreneur, our client requires massive leverage and utilization of equity in order to complete his luxury construction projects—especially when he builds exclusively in #Shaughnessy. Conventional lenders rarely entertain construction mortgages at this level of leverage, but we were able to obtain exactly what our client was looking for; our strong relationships with lenders allow us to go beyond simple LTV calculations. Thank you for your continued trust in us, and we can’t wait to see your new luxury build!
Vincent Tong 604.828.3728
Jessica Kuan 778.990.7422