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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

Luxury Hotel/Resort in Orlando, Florida

Type: 1st Mortgage
Interest Rate: 12%
LTV: 70%
Term: 1 year

A mortgage loan given to a luxury hotel resort in Florida in close proximity to all tourist attractions

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Find out more about our financing solutions.

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