Financing Programs

Acquisition, stabilization, and inventory financing for real estate

  • Maximum LTV: Up to 75% loan to value
  • Position: First and Second mortgages
  • Term: 6 months and 12 months
  • Amortization: Interest only
  • Mortgage Rate: Deal specific, rates start at 9.50%
  • Minimum mortgage: $400,000
  • Draw Schedule: Flexible
  • Property Location: All municipalities within Alberta with a minimum population of 5,000 will be considered, LTV may be reduced for smaller municipalities
  • Minimum Beacon: No minimum beacon
  • Guarantees Required: Corporate plus Personal Guarantees
  • Commitment Fee: Starting at 10 bps
  • Lender Fee: Starting at 2.00%
  • Broker Fee: TBD by broker

Commercial Financing

  • Maximum LTV: Up to 70% loan to value
  • Maximum loan to cost: 75%
  • Position: First and Second mortgages
  • Term: 6 months and 12 months
  • Amortization: Interest only
  • Mortgage Rate: Deal specific, rates start at 9.50%
  • Minimum mortgage: $400,000
  • Draw Schedule: Flexible
  • Property Location: All municipalities within Alberta with a minimum population of 5,000 will be considered, LTV may be reduced for smaller municipalities
  • Minimum Beacon: No minimum beacon
  • Guarantees Required: Corporate plus Personal Guarantees
  • Commitment Fee: Starting at 10 bps
  • Lender Fee: Starting at 2.00%
  • Broker Fee: TBD by broker

Residential Construction

  • LTV: Up to 70%
  • LTC: Up to 75%
  • Position: First and Second mortgages
  • Term: 6 months and 12 months
  • Amortization: Interest only
  • Mortgage Rate: Deal specific, rates start at 9.50%
  • Minimum mortgage: $400,000
  • Draw Schedule: Flexible
  • Property Location: All municipalities within Alberta with a minimum population of 5,000 will be considered, LTV may be reduced for smaller municipalities
  • Minimum Beacon: No minimum beacon
  • Guarantees Required: Corporate plus Personal Guarantees
  • Note: New Home Warranty coverage required
  • Commitment Fee: Starting at 10 bps
  • Lender Fee: Starting at 2.00%
  • Broker Fee: TBD by broker

Land Acquisition

  • Maximum LTV: 65%
  • Position: First and Second mortgages
  • Term: 6 months and 12 months
  • Amortization: Interest only
  • Mortgage Rate: Deal specific, rates start at 9.95%
  • Minimum mortgage: $400,000
  • Property Location: Major municipalities within Alberta, smaller municipalities may be considered with reduced LTV
  • Zoning: Residential, Commercial, Industrial
  • Guarantees Required: Corporate plus Personal Guarantees
  • Minimum Beacon: No minimum beacon
  • Commitment Fee: Starting at 10 bps
  • Lender Fee: Starting at 2.50%
  • Broker Fee: TBD by broker