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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We tailor lending options for builders and developers across Ontario to assist with acquisition, site servicing and construction of primarily multi-unit residential real estate developments.
We work with boards of directors and condo property management to tailor financing focused on repairs, reserve fund shortfalls, and refinancing of guest suites or existing loans.
We offer the opportunity to investors to participate in pools of mortgages, which produce monthly distributions with the target of the investments being capital preservations.
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