CMP 16.11 Private Lending Guide 2021

PRIVATE LENDING GUIDE 2021 MPAMAG.COM/CA

PRIVATE

LENDING

Get to know the lenders that can provide fast, common-sense solutions for your clients

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Why can’t your lenders be as creative as your architect?

With over $3 billion under administration, Romspen is a boutique non-bank mortgage lender specializing in commercial real estate in Canada and the US. For your financing of $10 million to $150 million we bring speed, agility, and a commitment to complex execution you will not find in larger institutions.

Blake Cassidy or Pierre Leonard 800 494 0389 | www.romspen.com

License # 10172

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PRIVATE LENDING GUIDE

The rise and rise of private lending Following its spectacular performance during the pandemic, private lending is set to continue growing, according to experts in the space WHAT CAN slow the surge of private lending? Not much, it seems – the sector has become an increasingly mainstream option for Canadian borrowers over the past decade, and its growth accelerated significantly at the onset of the COVID-19 pandemic as institutional lenders tightened their guidelines and approval wait times ballooned.

As another frenzied year in the Canadian housing market draws to a close, mortgage professionals in the private lending sector predict that growth in the space will continue in 2022, particularly as the stream of new entrants – both on the lender and broker sides – shows little sign of slowing down.

“I think we will continue to see an inflow of capital into the private lending space, making it easier for borrowers to find the lender that understands their needs the best” Darren Neziol, Reciprocal Opportunities Inc. Darren Neziol of Brantford, Ontariobased private lender Reciprocal Opportunities Inc. (ROI), says those factors are likely to prove hugely influential in private lending throughout the next 12 months.

“I think we will continue to see an inflow of capital into the private lending space, making it easier for borrowers to look for more options and find the lender that understands their needs best,” he says.

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PRIVATE LENDING GUIDE

“I believe that a lot of people have realized the ease and flexibility that can come with dealing with private lenders. It’s generally a much more common-sense approach than fitting into the perfect criteria that a bank may need to see; if that flexibility can help borrowers execute quicker, then it’s money in the bank for them.”

Beyond the banks Excitement about a possible post-pandemic emergence in the second half of 2021 proved premature, and Canada remains gripped by a high degree of COVID-19 uncertainty, despite the summer vaccination surge and easing restrictions in most provinces. That reality could have a profound impact on the private lending space, particularly if it means that interest rates stay at their current levels.

Christine Xu, president of Moneybroker Canada and Ready Capital Mortgage Investment Trust, who deals almost exclusively in private mortgages, says those rates

are extremely appealing for borrowers considering a private option.

She also notes the prevalence of borrowers who can’t meet the income criteria required by major banks and institutional lenders. That has encouraged many borrowers to take out a private mortgage, which typically have more flexible income reporting requirements.

“I don’t see institutional lenders truly relaxing too many of their lending guidelines – at A lenders, they always need

to be income-qualified,” Xu says. “With the COVID situation, lots of people have problems with their income because they’re changing jobs, taking lower amounts of money, and self-employed people especially are receiving government assistance. So those who were able to qualify with the A lender, now they’re not qualified anymore, at least in the short term, but the market is so hot. We see a large trend of people seeking alternative financing solutions.”

“Those who were able to qualify with the A lender, now they’re not qualified anymore, at least in the short term …

We see a large trend of people seeking alternative financing solutions” Christine Xu, Moneybroker Canada

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Shawn Allen, CEO of brokerage and private lender Matrix Mortgage Global, also anticipates that the prominence of private lending solutions will continue in the current market, give that there’s no end in sight to the pandemic. He says clients whose income is still being affected by pandemic restrictions and a lack of foot traffic will need to turn to the private space for funding, as access to institutional lenders will be out of reach.

“People aren’t coming into the mall as much now,” Allen explains. “They’re making a lot more online sales, but the sales for online … are not equating to an uptick in retail sales. Those little mom-and-pop shops, those little boutique places in malls and strip plazas – they’re really hurting. These guys aren’t the ones qualifying for mortgages at the banks because they’re not showing that income.”

Allen also points out the tendency of institutional lenders to register collateral charges that can impact homeowners’ equity, which could push more Canadians toward the private space.

“Imagine as a homeowner, you just renewed your mortgage or had a mortgage prior to COVID, and now you want to access some of the capital in your property – but you can’t, because the bank already ate up your equity as a collateral charge,” he says. “I think that’s another conversation in itself as to consumer awareness [and] the difference between a standard-charge and a collateral-charge mortgage. That ties directly into private mortgages because a lot of people are not getting access to the capital in their home because the banks have taken up that equity.”

Choosing a private lender With an increasing number of brokers choosing to get involved in the private space, Neziol emphasizes the importance of

“A lot of people are not getting access to the capital in their home because the banks have taken up that equity [as a collateral charge]” Shawn Allen, Matrix Mortgage Global

having a robust understanding of its ins and outs to make the deal process as smooth as possible for lenders and borrowers alike.

Ensuring full transparency from the get-go – and giving lenders as complete a background as possible on the customer – is an essential component of that.

“I would suggest that brokers take their time with a deal to fully understand it and help the lender get the deal done,” Neziol says. “Whenever the full picture is given upfront, it makes the whole process easier and will usually end in a quickly closed deal.”

Because private lending has seen an influx of new participants as its popularity

has grown, Neziol also warns brokers to exercise caution and due diligence when choosing a lender for their client. It’s important to ask the right questions and make sure the deal is structured in a way that’s beneficial for both parties, he says.

“Brokers and borrowers should be wary of newer, cheaper lenders in the space.

Dealing with an experienced lender who has structured successful deals should be paramount for a borrower, as you want to deal with a lender who has a long track record of seeing successful projects through. A good lender will be there to tweak a deal structure to the benefit of both the borrower and lender at the end of the day.”

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PRIVATE LENDING GUIDE

The private lending experts Todd Poberznick, vice-president of national sales at Canadian Mortgages Inc., tells CMP how the company is providing brokers with the tools to help borrowers from all walks of life

AS A long-established company with a proven track record in the private lending space, it’s little surprise that Canadian Mortgages Inc. (CMI) prides itself on the range and depth of solutions it offers brokers and their clients. The ability to provide a variety of products for Canadians

who are faced with unique circumstances is one of the company’s strongest selling points, according to Todd Poberznick, CMI’s vice-president of national sales.

So is its strong connection to the broker community – something not many other companies in the space can claim.

“CMI started out as a mortgage broker, and while we’ve since evolved into a private lender, we deal with brokers exclusively and know exactly how they think and what they need,” Poberznick says.

“That helps us put the deals together and make the experience as easy and seamless

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as possible. We strive to deliver the best possible client experience by working collaboratively with our broker partners to structure deals in an optimal way.”

Greater flexibility Poberznick says CMI has an advantage over traditional lenders in its ability to offer solutions for clients who may not meet the often strict criteria they demand.

While debt servicing ratios, income, length of employment and a strong Beacon score are essential considerations for borrowers to qualify at many conventional lenders, CMI can offer a flexible alternative that takes other factors into account – ones that are specific to each individual client.

“If you’re in a private lending situation, the criteria are much more flexible,” Poberznick explains. “Our risk spectrum is wider, each borrower’s circumstance is unique, and we put a lot of the emphasis on the property.”

Not only is that flexibility welcomed by borrowers, but it’s also a real asset to brokers, who can present their clients with a wider range of options than they would get from traditional lenders.

“When brokers are looking for solutions for their clients, the private lending space has more flexibility to help them out,” Poberznick says. “For instance, if we can’t meet a borrower’s full funding needs on a first mortgage, we may be able to do a bundle and combine a first and second mortgage together to get borrowers the funds they need.”

A client-centric approach Understanding the individual circumstances of each borrower, Poberznick says, is one of CMI’s foremost priorities. The company is committed to stepping in at the hour of need and providing funding that has been denied elsewhere.

“As a private lender, our ability to be more flexible than traditional mortgage providers benefits the borrower tremen-

dously,” he says. “They might be in dire financial circumstances or need to get out of a credit problem, or be in a situation where if they can’t do a debt consolidation, they could face bankruptcy. The story behind why they’re coming to us really matters. If they can explain everything to us, we can take a common-sense approach and work with their broker to put a deal together that fits their unique circumstances.”

CMI also offers a range of options for borrowers who need a short-term source of funds – for instance, clients who may be in between jobs and in arrears on their mortgage, or who need to pay a top-up to be able to cover a period of a few months before they can return to full employment.

Ultimately, Poberznick says, the goal in these cases is to provide a means for

(and fastest) possible solution for brokers and borrowers. That stands in stark contrast to the often lengthy wait times brokers face when dealing with banks and conventional lenders.

“We’ll work with shorter closings,” Poberznick says. “Most brokers and borrowers don’t have the opportunity to secure other financing options if something comes up with a major lender that results in them not being able to fulfill a commitment. If they’re stuck because of that, and if the deal makes sense to us, we’ll help them through their closing so they can continue as planned and not lose money on their transaction.”

CMI continually strives to maintain its strong reputation among Canada’s broker community. For Poberznick, it’s

“CMI started out as a mortgage broker ... we deal with brokers exclusively and know exactly how they think and what they need” Todd Poberznick, Canadian Mortgages Inc. borrowers who don’t qualify at the bank to repair their credit and get back on a path to conventional lending solutions.

“The goal is not to keep these borrowers in a private mortgage for a long time,” he says. “We want to meet their immediate needs, help them get back on their feet and, down the line, return them to the traditional lending space – and lower borrowing rates.”

Rapid turnarounds For brokers and their clients, CMI’s ability to act immediately to fund deals quickly is one of the company’s key strengths.

Poberznick says turnaround times at CMI can be as short as an hour, and the company strives to approve the majority of its deals within a day to provide the best

this proven record of success and the trust the company has built up among brokers during its 15 years in business that differentiates CMI in the industry – and allows it to continue to rise to the challenge of helping Canadians in times of need.

“We’ve placed more than $1 billion in mortgages over these 15 years, and we’re well respected in the marketplace as a lending partner – more than ever due to the COVID-19 pandemic,” he says.

“It’s presented significant challenges in the lives of so many Canadians; we’ve worked hard to help them out, and we will continue to.”

Brokers who wish to work with CMI can contact the company at canadianlending.ca/brokers or info@canadianlending.ca, or speak to their assigned BDO or BRM.

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PRIVATE LENDING GUIDE

ALTA WEST CAPITAL awcapital.ca 888-554-9075 Lending markets: Urban/suburban centres in Ontario, Alberta and BC Niche/focus: Providing alternative capital funding using an equity-based lending approach on all refinances/ purchases of residential properties, multi-residential properties and commercial properties

Products: Up to 85% LTV first, second and third mortgages Customer type: Business for self, new to Canada, bruised or damaged credit, etc.

Property type: All residential homes, multi-residential up to 15 units and commercial properties Purpose: Purchase, refinance, bridge financing Maximum LTV: Up to 85%

Minimum Beacon: None Terms: Six-month, one- or twoyear terms Rates: As low as 4.89% Maximum amortization: Interest only or up to 35 years Fees: As low as 1.25% Preferred loan amount: $30,000 to $3 million

CANADIAN MORTGAGES INC. thecmigroup.ca 888-465-8584 Lending markets: Ontario, British Columbia, Alberta, Manitoba and Atlantic Canada Niche/focus: Customized private mortgage financing delivered exclusively through the mortgage broker channel.

Offering flexible, innovative solutions tailored to your clients’ needs. First and second mortgages up to 85% with competitive terms. Known for ethical lending practices and exceptional fast service Products: First, second and third mortgages; short-term and bridge loans; equity mortgages; bundle mortgages; renovation financing Customer type: A-, B- and C-level credit; no minimum Beacon score Income sources: All income types

are considered: salary, commission, business for self, freelance, retired and Canada Response Benefit (CRB) Property type: All one- to four-unit owner-occupied, rental and mixed-use residential properties, including condos and cottages. No restrictions on location.

Remote and rural properties considered on a case-by-case basis Purpose: Financing available for purchases, business working capital, debt consolidation, bridge loans, investment purposes, tax or mortgage arrears, pandemic relief, home renovations and much more Maximum LTV: Up to 85% on first and second mortgages. Third/blanket mortgages on a case-by-case basis Minimum Beacon: None Terms: Three, six, nine, 12 or 24 months; custom terms available on a case-by-case basis

Rate type: Fixed Maximum amortization: Up to 40 years or interest only Fees: 1% to 3% on first mortgages, 2% to 6% on second mortgages. All fees are dependent on location, income, credit and security Minimum loan amount: $50,000 on first mortgages, $25,000 on second mortgages Maximum loan amount: Up to $3 million to $5 million in urban markets Special features: No hidden application fees, early repayment penalties no more than three months, open mortgages and custom term lengths available. CHIP/ reverse mortgage second mortgages, seconds behind collateral charges, high-ratio mortgage bundles and short-term/bridge available

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PRIVATE LENDING GUIDE

CYR FUNDING Customer type: Business for self, new to Canada, developers, builders, homeowners, real estate investors, etc.

cyrfunding.com 905-731-1111 Lending markets: All of Ontario Niche/focus: We finance all types of properties: residential, commercial, land, construction, special-purpose properties, industrial, etc.

Products: LTV ratio up to 90%, depending on qualifications

Property type: Residential, commercial, land, special-purpose properties, industrial, etc.

Purpose: Purchase, refinance, construction, development, etc.

Maximum LTV: Up to 90% Terms: Six months to 10 years, depending on the deal

Rates: As low as 1.55% Maximum amortization: Interest only or up to 35 years Fees: Quoted on each individual deal Preferred Loan Amount: $50,000 to $100 million+ Special features: We work with institutions and private funds – maybe we can beat your usual sources. No-cost, no-obligation quote

Residential First and Second Mortgages Land Construction Commercial Investment Apartment Buildings Office and Medical Buildings Special Purpose Properties - Gas Stations, Hotels, Churches, Mosques, Retirement and Nursing Homes, Self-Storage, Student Residences and more Call or send a package for a quote: CYR Funding Inc. #11681 Attention: Renal Malkah 905-731-1111 Ex 229 (b) 647-838-5061 (c) rena@cyrfunding.com

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FALCON RIDGE MANAGEMENT falconridgemgmt.ca

Income sources: Flex doc and low doc

Maximum amortization: Interest only

365-527-2472

Property type: Residential up to four units, small commercial

Fees: 2%

Lending markets: Urban/suburban centres across Ontario Niche/focus: Alternative residential mortgages and residential construction financing products: first and second alternative mortgages, construction loan facilities (first and second) Customer type: Alternative, including flexible income

Minimum loan amount: None Purpose: Purchase or refinance Maximum LTV: 80% Minimum Beacon: None

Maximum loan amount: $2.5 million (exceptions available) Special features: Quick-close loans, prepaid loans, construction facilities

Terms: Six months, one or two years Rate type: Fixed

NOW YOU’RE IN THE DRIVER’S SEAT.

With uDrive, you’re in control.

As an alternative MIC mortgage lender, we focus on being a good business partner to our broker community. We work diligently to find creative solutions for your clients who don’t qualify for traditional financing.

• uDrive: No Fee or Lower Rate • Residential 1st and 2nd mortgages • Fully open options available • Lending in BC, AB, MB and ON • One or two year terms available • Maximum LTV of 75% • Submissions can be made via Expert, Velocity or Lendesk

INVEST. LEND. GROW. threepointcapital.ca uDrive@threepointcapital.ca | 1.800.979.2911

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PRIVATE LENDING GUIDE

GRAYSBROOK CAPITAL graysbrookcapital.ca

Customer type: All

Rate type: Fixed

506-380-4950

Income sources: All, including business for self; stated income OK

Maximum amortization: Interest only

Lending markets: Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Ontario Niche/focus: Common-sense solutions for our mortgage broker partners.

Reliable and fast turnarounds for commitments (less than 24 hours) and fundings (seven days) Products: Residential first/second, commercial, construction, fix and flip, renovations, CRA debt, credit repair, purchases, refinance, rental and secondary homes

Fees: 2% to 4% Property type: Residential and commercial Purpose: Lending solutions for clients who do not qualify for traditional mortgages

Minimum loan amount: $25,000 Maximum loan amount: $3 million

Maximum LTV: Up to 80% in urban areas Minimum Beacon: None Terms: Six to 24 months, fully open

HOSPER MORTGAGE hospermortgage.com 844-674-0329 Lending markets: Ontario Niche/focus: Private lender

All products are Ontario-wide and will be reviewed on a case-by-case basis

Fees: Starting at 1% Customer type: Clients having difficulty verifying income to bank, bruised credit, home flippers, banks pulling out at the last minute or bridge mortgages

Products: • First mortgage refinances to 80% LTV

Property type: Residential and rural; agricultural assessed on a case-bycase basis

• First mortgage purchases to 80% LTV (major urban centres)

Maximum LTV: 90%

• Bundle mortgages to 85% LTV • Second mortgages to 85% LTV (major urban centres) • Second mortgages to 80% LTV

Maximum amortization: 40 years

Preferred loan amount: $350,000 for first mortgages, $80,000 for second mortgages

Minimum Beacon: None Terms: Three months, six months or one year Rates: Starting from 6.99%

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Committed to funding.

• 1st, 2nd and HELOC mortgages

SIMPLE, INNOVATIVE,

• Primarily GTA, Golden Horseshoe

INDUSTRY LEADING MORTGAGE SOLUTIONS

and Ottawa focussed • Up to 80% LTV • Common sense equity lending • No GDS/TDS requirements • No income required • We work with any beacon score • Open 7 days a week • 48 hour closing • Easily submit deals through Filogix or Velocity

*Subject to review based on mortgage amount and LTV. Appraisals must be from Oppono's approved appraisers list

BDM's

Ajay Kaith

Danilo Savo

416-669-9274

647-296-6114

ajay.kaith@oppono.com

danilo.savo@oppono.com

www.oppono.com

1-866-318-7222

info@oppono.com

675 Cochrane Drive, Suite 104 West Tower, Markham, ON, L3R 0B8, License # 12558/11887

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PRIVATE LENDING GUIDE

MATRIX MORTGAGE GLOBAL privatelendinghub.com

Products: Up to 80% LTV for first mortgages, 85% LTV for seconds

Terms: Three months to two years

800-429-0717 Lending markets: Major urban/ suburban centres in Ontario Niche/focus: Residential equity lending/ equity take-out, new construction up to 75% of the appraised value. Quick close, templated submission process. We go behind reverse mortgages

Minimum Beacon: None

Customer type: Business for self, true equity lending Property type: Residential, mixed-use commercial Purpose: Purchase, refinance, equity take-out, debt consolidation, stop power of sales

Rates: From 4.99% Maximum amortization: Interest only Fees: 2% to 3%; we can collect broker fee with our fee Preferred loan amount: $100,000 to $2 million

Maximum LTV: 85%

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OPPONO LENDING COMPANY oppono.com

Products: First, second and occasional third mortgages; HELOCs

Terms: One to two years Rate type: Fixed/closed; variable/open

905-886-5352 Customer type: A, B and C Lending markets: Ontario (GTA, Golden Horseshoe and Ottawa) Niche/focus: Common-sense equitybased lending on residential properties (commercial properties on exception).

As an equity-based lender, we are not limited to a specific market type. No GDS/TDS or income verification

Property type: Single-family detached, duplexes, townhouses, land, condos, construction, bridge financing Purpose: Equity lending

Maximum amortization: 25 years or interest only Fees: Starting at 1.99% Preferred loan amount: Under $2 million

Maximum LTV: 80% Minimum Beacon: None

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PRIVATE LENDING GUIDE

RECIPROCAL OPPORTUNITIES INC. roigroup.ca 519-755-6252 Lending markets: Ontario Niche/focus: Direct lender providing mortgage financing for commercial-based activities for developers, builders, business owners and real estate investors Products: First and second mortgages

Property type: Development land, construction projects, industrial, commercial, rental properties, specialpurpose properties Purpose: Equity-based lending Maximum LTV: 70% LTV; all deals are evaluated on a case-by-case basis

Rate type: Fixed and floating Maximum amortization: Interest only Fees: 2% lender fee Minimum loan amount: $500,000 Maximum loan amount: $20 million

Minimum Beacon: None Terms: One to three years

Special features: Cross-collateralization, interest reserves, revolving construction facilities

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RIVERROCK MORTGAGE INVESTMENT CORPORATION riverrockmic.com 416-504-1886 Lending markets: Ontario Niche/focus: Asset-based lending; flexible on proof of income, credit and servicing ratios Products: First and second mortgages

Customer type: Business for self, new to Canada, bruised and damaged credit

Rates: First mortgages starting at 5.99%, second mortgages starting at 7.99%

Property type: Residential urban and suburban properties

Maximum amortization: Interest only

Purpose: Purchase and refinance

Fees: 1% to 3%

Maximum LTV: 80%

Preferred loan amount: $50,000 to $2.5 million for first mortgages, $25,000 to $750,000 for second mortgages, exceptions made on a case-by-case basis

Minimum Beacon: None Terms: Six months and one year

www.hospermortgage.com 1st, 2nd, and 3rd mortgages No income documents required No credit qualification required Quick closings Flexible solutions for each deal 3 month or 6 month terms available, fully open Will lend behind private lenders* *Subject to underwriting Hosper Mortgage provides fast approvals and quick closings in the alternative lending space. We lend on residential 1st, 2nd, and 3rd mortgages all across Ontario. We’re an equity based lender, with no income or credit qualifications & no hidden fees.

@Hosper Mortgage Ad for CMP FINAL_update Mar2021.indd 1

HOSPER UNDERWRITING TEAM 1-888-495-4906 — deals@hospermortgage.com JERRY WIELICZKO Business Development Manager 416-904-9749 — jerry@hospermortgage.com 4/03/2021 8:40:01 AM

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PRIVATE LENDING GUIDE

ROMSPEN INVESTMENT CORPORATION Customer type: Commercial borrowers

Terms: One to three years

Property type: Industrial, commercial, multi-family, entitled land, retirement, mixed use, hotels, development projects and construction facilities

Rates: 7.75% and up

Niche/focus: Urban centres (non-urban centres on a case-by-case basis)

Purpose: Purchase, refinance, development, construction

Fees: From 2% of loan amount, plus lender’s legal fees, disbursements and applicable taxes

Products: Term, bridge, construction and revolving credit facilities

Maximum LTV: 75%

romspen.com 800-494-0389 Lending markets: Canada and the US

Minimum Beacon: None

Maximum amortization: Interest only and flexible amortization

Preferred loan amount: $5 million to $150 million

THREEPOINT CAPITAL threepointcapital.ca 800-979-2911 Lending markets: British Columbia, Alberta, Manitoba and Ontario Niche/focus: Creative, solutions-based, flexible lending on marketable residential properties in urban locations for those who do not qualify for traditional lending.

Tell us your client’s story, and we’ll do our best to help

non-residents and new to Canada), as well as holding and operating companies

Rate type: Fixed rate with options for an open term

Property type: Residential owneroccupied or rentals (single-family detached, townhouses, duplexes, fourplexes and condominiums)

Maximum amortization: 35 years on first mortgages and 25 years on second mortgages; interest only considered on first mortgages up to 70% LTV

Purpose: Purchases, refinances, equity take-out, debt consolidations and renovation projects

Fees: Our uDrive lending program allows you and your client to choose between no lender fee and a higher rate or a lower rate and a 1% or 2% fee, depending on what best suits their individual needs

Maximum LTV: Up to 75%

Terms: One- and two-year terms available

Preferred loan amount: Maximum of $1.25 million on a single property and $1.75 million inter alia

vwrcapital.com

companies, operating companies, non-residents and more

Terms: One year – open mortgages available

866-907-5407

Property type: Single-family, townhouses, condos, row homes, serviced land, raw land, multi-family

Rate type: Fixed

Minimum Beacon: None Products: First and second mortgages Customer type: Individuals (including self-employed, stated income,

VWR CAPITAL CORP.

Lending markets: BC, Alberta, Saskatchewan, Manitoba and Ontario

Maximum amortization: Up to 35 years; interest-only mortgages available

Niche/focus: Residential

Purpose: Purchase or refinance, equity take-out, debt consolidation, CRA arrears, foreclosure rescue, etc.

Fees: Starting at $750 for first mortgages; $500 for second and third mortgages

Products: First, second and third mortgages

Maximum LTV: 75%

Preferred loan amount: $25,000 to $2.5 million

Customer type: Individuals, holding

Minimum Beacon: None

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We’ve put more than $1 billion in private mortgage funds in the hands of Canadian homeowners since 2015.

We work exclusively with our broker partners to secure the mortgage financing your clients are looking for - quickly and easily. No jumping through hoops to justify credit scores and non-traditional income sources. Just honest, transparent and flexible mortgage solutions that fit the unique needs of your clients.

Our team excels at putting together complex mortgage deals that don’t align with conventional lending guidelines.

“We know brokers because we used to be a brokerage. We’re here to support brokers, not compete with them.”

— Bryan Jaskolka,

Founder and CEO, CMI Financial Group

Common Sense Approach with no minimum beacon score Creative options like prepaid mortgages, mortgage bundles & custom terms Quick digital deal submissions and fast approvals

canadianlending.ca/brokers info@canadianlending.ca | (888) 465-8584

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