1st Mortgage, 6% 5 Year Term
1st Mortgage Opportunity – $350,000 Mortgage Investment
Location: Woodbridge, Vaughan
Use of Funds: Payout existing private 1st [$250k]. Additional proceeds will go towards small home improvements [50k] and the remainder to go towards legal costs and fees.
Closing Date: Closed
1st Mortgage Amount Required: $350,000.00
Appraised Value: $740,000.00
Loan-to-Value: 45%
Interest Rate: 6%
Term: 5 Years