Residential Lending

Private Residential Mortgages

Loan to Value
  • Up to 75%
  • Rural areas - 65% of house and 5 acres land
  • Homes over $1mln - LTV on case by case basis
First Mortgages
  • Rates: 8 - 9.5%
  • Lender fee: 1.75 - 3%
  • Loan amounts: $75K - $3mln
 Second Mortgages  
  • Rates: 12.75 - 15%
  • Lender fee: 2.5 - 4% (min. $1500)
  • Loan amounts: $15K - $1mln
Term
  •  6 - 12 months
Amortization
  •  Interest only or max. 30 years amortization
Property Types
  • Single family and multiplexes
  • Owner occupied and rental
Types of Deals
  • Purchases and refinances
  • Debt consolidation or pay off cons. proposals
  • Construction financing
  • Bridge loans
  • Stop power of sale

Lending Area

  • ONTARIO: btw Kitchener and Oshawa (north up to Barrie and south to Lake Erie) also Ottawa
  • MANITOBA: Winnipeg
  • ALBERTA: Calgary and Edmonton

Deal Submissions

When sending deals please submit:

  • Mortgage application
  • Recent credit bureau
  • Notes
We Offer
  • Excellent service
  • Fast turnaround time