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CMC | Single Family Residential
1701
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Single Family Residential

Category
Canadian Deals

Loan Details

Location: Toronto, Ontario

Loan Amount: $3,750,000

Property Type: Residential

Mortgage Ranking: First

LTV: 62%

Rate: 8.25%

Summary: This loan request was a purchase. The borrower was a Persian investor from Iran. The family resides in Iran for most of the year. No income, no credit or employment history has been established in Canada.