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Construction financing

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Blog-Date-1Apr 20, 2016

Joanne and Mark needed construction financing of a 2,700 sq. ft. two storey property in Ottawa, Ontario. They bought a home to tear down so they could build the home of their dreams. Pillar is advancing 80% of the land value. The clients have annual income of $165,000 and guarantors of income of $235,000. Pillar will provide the take-out financing  after completion, while they search for new financing.

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