3rd Mortgage, 12%, 6 month term
3rd Mortgage Opportunity – $100,000.00 Mortgage Investment
Location: Vaughan, ON
Use of Funds: Funds required to payout CRA debt and vehicle loan
Closing Date: May 2nd, 2016
1st Mortgage Amount Required: $100,000.00
Appraised Value: $6.68MM
Loan-to-Value: 72%
Interest Rate: 12%
Term: 6 month term, interest only