West Vancouver

First Mortgage, Construction

Loan Amount: $4,000,000
Interest Rate: 6.95%

Term: 18 Months
Loan To Value: 40%
Location: West Vancouver

Borrowers were owners of a high-end development company, specializing in custom builds in West Vancouver. The loan secured two projects, both located in the British Properties.  Borrowers sold properties upon completion and repaid the loan in full.