First Mortgage, Purchase

Loan Amount: $3,600,000
Interest Rate: 7.25%

Term: 1 Year
Loan To Value: 50%
Location: Vancouver

Client owned a downtown condo unit and had contracted to purchase a presale unit in a landmark false creek (Olympic Village) development.  A bridge loan was provided that took both units as collateral for the loan.

Whistler | First Mortgage
West Vancouver | Second Mortgage