West Vancouver

Second Mortgage, Construction

Loan Amount: $2,500,000
Interest Rate: 9%

Term: 1 Year
Loan To Value: 40%
Location: West Vancouver

Borrower required funds for the development of a high-end spec construction project.  Loan to Value ratio was low, plus collateral security was offered against the client’s principal residence.

West Vancouver | First & Second Mortgage
West Vancouver | Second Mortgage