GENERAL LOAN CRITERIA
We finance mortgages for properties located in the greater Montreal area, Hull – Gatineau region, Quebec City, Trois Rivières, Sherbrooke area. We will also consider other municipalities or areas typically not served by private lenders.
- Loan amount: From $60,000 to $3,500,000.
- Term: From 3 to 24 months.
- Interest rates: Our rates are competitive and are determined according to the circumstances of borrower and security. Borrowers only pay monthly interest on the loan.
- Loan amount: Maximum 75%, depending on the location of the property. Land up to 50%.
- Competitive nominal lender fees.
- Appraisals generally required. We will consider an existing appraisal if it meets our criteria.
- We will consider mortgage loans for higher loan amounts or outside our preferred lending criteria on a case by case basis.