Construction financing

Blog-Date-1Aug 22, 2018

A construction deal of a 1,663 square foot, 1.5 storey home in Bracebridge to 33% LTV. The client is currently on Long Term Disability earning around $26,000 annually and previously employed as a Financial Advisor for a Schedule A bank. Partner does not draw any income at the moment. The exit will be to add a family member to qualify at an A lender.

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