Fractional Cottage Financing
Quarter Share Mortgage Program
A Breakthrough Financing Program
247 Island View- Mortgage Program
Based on the ownership system model created, we can now offer a mortgage program for individual
The Problem with the Banks
If you are able to find a group of friends and family that
want to share a cottage and you begin searching for mortgage financing there is a problem.
The banks want everyone to qualify for the entire mortgage
Meaning, assuming you required a $300,000 shared mortgage on the property many may not qualify. If you do,
the banks are securing it with $1,200,000 in total.
Our Mortgage Program
Through our exclusive program everyone qualifies for the individudal portion of the mortgage only.
This means for a $300,000 mortgage, the qualification is for 1/4 of the mortgage or $75,000.
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More than Cottage Ownership... a Lifestyle!
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