Commercial Mortgage Lending
Maximum Loan To Value
75%
Mortgage type
1st and 2nd mortgages
Term
6 – 24 months
Amortization
Interest only (for terms longer than 1 year, amortization of principal is available)
Prepayment privileges
Yes
Mortgage rate
1st mortgages: 7%-9%
2nd mortgage 11%-13%
Property location
All municipalities in Southern Ontario
Broker Fee
Competitive rates
