detached home located in Fort McMurray, ABproperty value $710,000 as per current appraisal done for TD Bank (report available upon request)1st mortgage $438k with TD Bank2nd mortgage required at $82k
LTV will be 73%
borrower has good credit (full package for serious investors)
owner occupied and rooms and individual rooms rented out for $1500/each. (yeah it`s crazy there)
interest rate you will recieve is 10% per annum
payments are interest only monthly, not balloon pmts.
funds required by early December
contact me if interested in this or other 2nd mortgage investment opportunities.
cheers
LTV will be 73%
borrower has good credit (full package for serious investors)
owner occupied and rooms and individual rooms rented out for $1500/each. (yeah it`s crazy there)
interest rate you will recieve is 10% per annum
payments are interest only monthly, not balloon pmts.
funds required by early December
contact me if interested in this or other 2nd mortgage investment opportunities.
cheers