BoC Reduces Prime Rate by 25 BPS. Prime Rate is 6.45% as of September 5th, 2024!
We have hard direct lending relationships and can fund all mortgage sizes based on property equity.
Lending up to 80% Loan to Value, we deliver private funds on a case by case basis in 1st & 2nd position for both residential & commercial properties!
Loan Amount: $5,000 to $1,500,000 (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: 80%
Amortization: Often interest only or amortized up to 40 years
Copyright © 2024 MOREX | FSCO 12275 - All Rights Reserved.
Dominion Lending Centres - Bedrock Financial Group