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| Private Commercial Mortgages |
| Loan to Value |
Up to 75% LTV |
| Rates Starting |
At 10.00% |
| Loan Amount |
$200,000 to $2 million |
| Term |
1 year or less |
| Amortization |
15 to 25 year amortization, depending on property |
| Lender Fees |
Generally 2.00 - 3.00% |
| Property Types |
- Commercial Retail Plazas Preferred
- Commercial Retail Condo Units
- Banquet Halls, Hotels & Motels
- Serviced & Vacant Land in prime locations
- Construction financing
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| Lending Area |
Generally larger centres in the following area:
- between Barrie and Niagara Falls
- between Kitchener and Oshawa
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