Home Financing

In recent years, credit markets have become tighter in Canada – particularly for non-residents, with many financial institutions refusing to lend to them. Even for domestic borrowers, bank requirements have become tighter, and access to credit has become more complicated. We provide asset-backed financing solutions to those who might otherwise not have access to credit. 

Loan Characteristics

• Payment terms are on an “interest-only” basis 
• Interest rate varies but is competitive with the private lending market 
• Lender will be fully secured by holding the first mortgage on the property 
• We can offer loans/mortgages for new construction condominiums and existing home purchases. 

Qualifying Requirements

• 40% down payment required. 
• Professional property appraisal may be required. 
• Client must have a bank account in Canada. 
• Client does not need to have a credit history in Canada. 
• Currently available for properties in Ontario and Quebec only.