Panorama Heights – Surrey 

First Mortgage

Loan Amount: $4,500,000
Interest Rate: 7.35%

Term: 1 Year
Loan To Value: 56%
Location: Panorama Heights – Surrey 

A first mortgage of $4,500,000 secured by a 14,000 square foot European style mansion on a 2 acre estate lot in Surrey, currently listed for sale.  The borrower had contracted to purchase another property and used funds from our loan to complete on the purchase.  The loan will be repaid once the home is sold.