A major leader in non-traditional mortgage lending, MOREX has the ability to finance any loan size in a quickly manner based on property equity.
Lending up to 85% Loan to Value, we deliver private funds on a case by case basis with private funds starting from 5.99%.
MOREX consider's all property types and will register in any position with flexible terms of 9 days up to 2 years. Our equity lending program is based entirely off property equity. No Income & Poor Credit acceptable.
Loan Amount: $25,000 to $5,000,000 (subject to risk)
Credit Score: All Types
Locations: ONTARIO WIDE
Appraisal: TBD by our own Accredited Appraisers
Security Position: 1st, 2nd mortgages - up to 85% LTV on subject property.
Term: 7 Days to 24 months
Set Up Fee: Capped
Property Type: All properties considered.
Timeline: Term sheets in 24 hours upon presentation of good information
LTV: Max: 85%
Amortization: Often interest only or amortized up to 40 years
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Dominion Lending Centres - Bedrock Financial Group