Search
  • Adam McManus

Recent Funding: $1.5M Non-Conforming Bridge Loan




Lawrence Park Mortgage arranged financing for its clients to continue with the purchase of a new property, even though the current clients' property had not yet sold. The financing saved the clients from losing their deposit on the purchase and potentially facing a lawsuit from the seller.


The benefit of working with the selected lender is they offer solutions for unique situations, situations most lenders will not consider financing. The lender offers great support, is responsive, and has industry leading terms.


Terms:


$1.5M

43% LTV across two properties

Interest only payments

Fair terms and fees

3 views0 comments