Residential Mortgages

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

What we offer:

  • 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%

Underwriting criteria:

  • To enquire: mortgage application, credit report
  • To close: appraisal

Looking to fund a deal in Ontario? Contact deals@hillmount.ca today!