Loan Summary

Purpose:

Major Repairs and Replacements

Loan Amount:

$1,750,000

Loan Term:

5 years

Amortization:

25 years

Status:

Funded

Replenishment of reserve fund for apartment condo in Woodbridge, ON

Morrison Financial committed to providing financing to replenish the reserve fund of an apartment condo located in Woodbridge, ON. The building was completed in the last 10 years and is 13 storeys. The LTV for the condo loan is less than 2%.

Location

Woodbridge, ON

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