Loan Summary

Loan amount:


Mortgage position:



Multi-family Development


Cost-to-complete Construction

Loan Term:

12 months



Single-family home construction in Hamilton, ON

The borrower, whose family business works mostly on infrastructure projects in Ontario and has been in operation for over 20 years, required financing to complete a family home located in Hamilton, Ontario. Morrison Financial refinanced the existing debt on the property and provided funds to complete the home. At the date of the first advance, construction of the home was at an advanced stage and the loan-to-value of the completed home was not forecasted to exceed more than 50% during the term, which is very low for this project type. The loan was to be refinanced by a traditional mortgage lender upon completion.


Hamilton, ON

Let us help you get started

Determing what your board or directors requires for their next project doesn’t need to be complicated and we are here to help you fill the gap when it comes to your finances.


Contact our mortgae financing team today

Learn more

Read more on mortgage financing in our articles section


Take a look at projects that we financed

About us

Learn more about why we have been successful for 30 years