Focused on Lending Simplified
Residential 1st Mortgage
| LTV | Rate starting from | Fee |
|---|---|---|
| Up to 70% | 5.49% | 1.49% |
| 71% – 75% (below $1.2MM) | 5.99% | 1.49% |
| 71% – 75% (above $1.2MM) | 6.25% | 1.49% |
| 76% – 80% | 7.50% | 1.99% |
Residential 2nd Mortgage
| LTV | Rate starting from | Fee |
|---|---|---|
| Up to 60% | 7.49% | 1.99% |
| 61% – 65% | 8.49% | 1.99% |
| 66% – 70% | 9.49% | 1.99% |
Existing 1st mortgage cannot be under deferral
Construction 1st
| Beacon Score | LTV | Rate | Lender Fee |
|---|---|---|---|
| Minimum 650 | Up to 65% of completed value | Starting at 8.49% | Starting at 1.49% |
Commercial 1st
| LTV | Rate | Lender Fee |
|---|---|---|
| 60% – 70% of completed value | Starting at 8.50% | Starting at 1.50% |
Construction 2nd
| Beacon Score | LTV | Rate | Lender Fee |
|---|---|---|---|
| Minimum 650 | Up to 65% of completed value | Starting at 9.75% | Starting at 1.99% |
Commercial 2nd
| LTV | Rate | Lender Fee |
|---|---|---|
| 60% – 70% of completed value | Starting at 9.99% | Starting at 1.99% |
Mortgage Options
- Open or partially closed terms
- Interest only payments
- Residential, Commercial and construction
- Bridge financing
- Loan Amounts up to $6MM
- Flexible terms
- Renewal options available