Small town construction? No problem, we’ve got you covered! Freedom Capital was able to finance 70% loan to cost for a construction of a spec home located in Prince George. This freed up clients equity for a new investment opportunity
Our client was in progress of building their dream home. They were already 6 months into the process when unexpected costs of the construction started piling. They assumed their current construction mortgage would cover the overruns but quickly ended up needing more funds. We worked with a reputable appraiser, and received top value for their home. We leveraged the sweat equity and cash equity in their build and got them enough funds to cover the overruns and a few extras!
We help you complete your project, even when some surprises come your way.
Equity take out funded in 48 hours! Client needed money to complete a construction project. He provided his own personal residence property and Freedom Capital was able to secure a hassle-free 2nd mortgage giving the client access to his equity. Client will be able to pay this 2nd mortgage off penalty-free once he completes and sells his project
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Disclosure : Applying for a mortgage does not guarantee approval for the mortgage. No Upfront fee is applicable for the mortgage however processing Fees may apply. APR can vary depending on mortgage amount.
