Download pdf - Commercial Loans

Transcript
Page 1: Commercial Loans

To learn more, contact Lucas today:

Lucas WrightManager, Business Development,

Mortgage LendingT: (416) 635-0221 Ext. 310

E: [email protected]. FirmCapital.comWhere Mortgage Deals Get Done®

Ontario Mortgage Brokerage, Lenders and Administrators Act License #10164, Administrators License #11442

COMMERCIAL MORTGAGE LENDING PROGRAM

• Storefront

• Apartments

• Retail Plazas

• Industrial

• Self Storage

• Commercial Land

• Office

PROPERTY TYPES

• $300,000 - $ 5,000,000

• Up to 75%

LOAN AMOUNT

• Within 24 hours upon receipt of required information

• Additional Information After Commitment: Building Condition Report (if required), Environmental Report & AACI Appraisal

COMMITMENT

• Credit Report

• Ownership Structure

• Rent Roll (Tenants)

• Property Operating Statements

REQUIRED INFORMATION

• 1.0% - 2.0%

• Broker Fee: Protected

FEES

• Case by case basis

• 1 - 3 years

TERM / AMORTIZATION

Recommended