10/28/2025
π’ Commercial Mortgage Success β $240K Approved
Our client owned a commercial investment property valued at $500,000, already carrying a vendor take-back (VTB) mortgage. The property was rented to a stable tenant, generating consistent income every month.
As a self-employed investor with a solid credit score of 700, the client wanted to access additional capital to grow their portfolio.
We secured a $240,000 commercial mortgage through Glass Lake Funding, providing the liquidity needed to move forward on their investment goals.
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Property Value: $500,000
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Loan Amount: $240,000
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Lender: Glass Lake Funding
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Approval Time: 2 weeks
This funding allowed the client to unlock equity, maintain cash flow, and continue expanding their real estate portfolio β without touching their existing VTB setup.