Commercial Mortgages

Investment/Rental Mortgages Expand/Collapse

Residential housing of 4 or less residential tenants.
  • Committed loan facilities
  • Variable or fixed pricing
  • Loan to value (LTV) up to 80% of the purchase price or appraised value, whichever is less
  • Amortization up to 30 yrs
  • Source of repayment = rents earned from residential tenants

Commercial Mortgages Expand/Collapse

Multi unit residential dwelling or buildings containing a mix of residential/commercial/retail tenants.
  • Committed loan facilities
  • Variable or fixed pricing
  • LTV up to 75% of purchase price or appraised value, whichever is less
  • Amortization up to 30 yrs
  • Source of repayment = rents earned from residential/commercial/retail tenants


Land Loans Expand/Collapse

Construction Loans Expand/Collapse

They are offered for expansion, remodeling or renovation of existing properties, or for constructing new facilities. Permanent as well as short-term financing is available.

Revolving Loans Secured by Property Expand/Collapse

Residential or commercial rental property

  • Uncommitted loan facilities
  • Variable rate pricing only
  • LTV up to 65% of purchase price or appraised value, whichever is less
  • Amortization up to 25 yrs
  • Requires a paydown to zero once every two years
  • Source of repayment = rents earned from tenants