Residential
We provide mortgages for single-family homes, rental properties (one to four), condominiums, and cottages in the following circumstances:
- Purchase
- Refinance
- Equity take out
- Debt consolidation
- Stop power of sale/foreclosure proceedings
- Bridge and interim financing
- Builder inventory loans
We provide 1st and 2nd mortgages to borrowers who have low or no FICO scores, are self-employed, non-residents, or dealing with insolvency proceedings.
LOAN CRITERIA
Where we lend:
- Ontario
- Loan amounts between $500,000 to $15,000,000
- Purpose: for purchase, refinancing, debt consolidation, equity take out, etc.
- Terms 1 to 12 months, with longer terms available
- Negotiable, interest-only, or principal and interest
- Flexible prepayment options
- LTV up to 65%
- To enquire: mortgage application, credit report
- To close: appraisal