West Vancouver

First Mortgage, Bridge Loan

Loan Amount: $9,500,000
Interest Rate: 6.85%

Term: 18 Months
Loan To Value: 56%
Location: West Vancouver

Financing was provided to purchase a new residence, with collateral security over the client’s existing residence.  An amortization feature was included in the loan in order to more rapidly pay down the loan and qualify for conventional bank financing.