CMP 12.11 Private Lending Guide

PRIVATE LENDING GUIDE MORTGAGEBROKERNEWS.CA

PRIVATE LENDING Boost your business with solutions from 71 private lenders

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SPONSORED BY

PRIVATE LENDING GUIDE

PRIVATE LENDER DIRECTORY COMPANY

WEBSITE

PHONE NUMBER

COMPANY

WEBSITE

PHONE NUMBER

7 Park Avenue Financial

7parkavenuefinancial.com

416-319-5769

Mandate National Mortgage Corporation

mandatemortgage.com

604-731-2899

Aaron Acceptance

aaronacceptance.ca

866-434-9992

MCF Mortgages

mcfmortgages.com

416-272-0494

Accepted Financial Corporation

acceptedmic.com

604-727-6111

Mercury Mortgages

905-273-4234

Alta West Mortgage

awcapital.ca

888-554-9075

kotharigroup.com/ mercury_mortgages

AP Capital

apcapital.ca

778-328-7401

Mid-Island Mortgage & Savings

midislandbroker.com

250-752-6944

Armada Mortgage Corporation

armadamortgage.com

888-467-6449

MorCan Financial

morcan.ca

877-732-2801

Atlantic Signature Mortgages

atlanticsignature.com

902-406-1250

Mortgage Alliance – The Mortgage Boutique

mortgagealliance.com/ themortgageboutique/home.asp

647-403-3332

Atrium Mortgage Investment Corporation

atriummic.com

416-607-4209

Mortgagepedia

mortgagepedia.ca

416-937-2612

Bancorp Financial

bancorpfinancial.com

604-608-2717

Mortgagequote.ca

mortgagequote.ca

866-948-7283

Bayfield Mortgage Professionals

bayfieldonline.com

604-533-4478

New Haven Mortgage

newhavenmortgage.com

416-636-0000

Blueshore Pacifica Alternative Mortgage Centre

blueshorepacifica.com

604-899-3780

Oppono Lending Company

oppono.com

905-886-5352

Pacifica Mortgage Investment Corporation

pacificamortgage.ca/brokers/ management/

604-899-3799

Paramount Equity Financial Corporation

paramountequity.ca

905-201-2282

Peace Hill Trust

peacehills.com

506-455-3430

PHL Capital Corp

phlgroup.ca

604-575-7408

Pillar Financial Services

robinsongroup.com

613-279-2116

Pioneer West

pioneerwest.com

604-987-1420

Poga Capital

pogacapital.com

800-919-4410

Premier Mortgage

mortgagescanada.net/brokers

866-470-4404

Private Lender Inc.

myprivatelender.com

403-253-2022

RESCO Mortgage Investment Corporation

rescomic.ca

905-886-8786

Romspen Investment Corporation

romspen.com

416-966-1100

Secure Capital Mortgage Investment Corporation

securecapitalmic.com

905-709-8633

Tekamar Mortgages

tekamar.ca

800-658-2345

Tembo Financial

tembofinancial.com

844-238-6717

Terra Firm Capital

tfcc.ca

416-792-4700

The Financing Hub

thefinancinghub.com

Trez Capital

trezcapital.com

416-350-1224

Tribecca Finance Corporation

tribecca.ca

416-225-6900

Unimor Capital Corperation

mortgageapprovalhelp.ca

519-255-9505

Vault Mortgage Corporation

vaultmortgage.ca

416-746-3766

Verico The Mortgage Leaders

petermenicucci.com

877-777-7308

VWR

vwrcapital.com

866-907-5407

We Can Lend

wecanlend.com

416-900-3307

Westboro MIC

westboromic.com

613-729-5764

Calvert Home Mortgage Investment Corporation chmic.ca

403-278-0249

Canada Lend

canadalend.com

905-881-0242

Canadian Mortgages Inc.

canadianmortgagesinc.ca

855-340-8543

Capital Direct

capitaldirect.ca

800-814-2578

Capital West Mortgage

capitalwest.ca

604-899-3799

Caplink

caplink.ca

888-429–0114

Classic Mortgage

classicmortgage.ca

888-869-4912

Community Trust

communitytrust.ca

800-268-1576

Cooper Pacific Mortgage Investment Corporation

cooperpacific.ca

250-475-2669

Cove Mortgage

covemortgage.com

604-929-8156

CYR Funding

cyrfunding.com

905-731-1111

Effort Trust

efforttrust.ca

416-924-4680

Firm Capital Corporation

firmcapital.com

416-635-0221

First Circle Financial

firstcircle.ca

604-986-3200

First Source Financial

firstsourcemortgage.ca

416-221-2238

Fisgard Asset Management Corporation

fisgard.com

250-382-9255

Foremost Financial

foremost-financial.com

416-488-5300

Ginko MIC

ginkgomic.com

416-901-5133

Greenpath Capital

greenpathcapital.ca

647-726-1384

Home Fund Corp

homefund.com

416-696-9866

IC Savings

icsavings.ca

416-784-0200

JV Capital

jvcapital.ca

416-572-7337

Kokanee Mortgage

kokaneemortgage.com

844-565-2633

KV Capital

kvcapital.ca

780-433-1222

Lanyard Financial

lanyardgroup.com

604-688-5388

Magenta Mortgage Investment Corporation

magentainvestment.ca

888-267-1744

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This list is not a complete directory of Canada’s private lenders and MICs. If you would like to be added to the next list, please contact Trevor Biggs at trevor.biggs@kmimedia.ca.

Featured lender

2/11/2017 8:23:12 AM

SPONSORED BY

PRIVATE LENDING GUIDE

Cross-Canada index Check out the private lending options in your province

Yukon Kokanee Mortgage

Alberta

Ontario

Newfoundland

Alta West Capital

Alta West Capital

Bayfield Mortgage Professionals

Canadian Mortgages Inc.

Atlantic Signature Mortgage & Loan

Canadian Mortgages Inc.

Manitoba Bayfield Mortgage Professionals

Fisgard Asset Management Corporation

Canadian Mortgages Inc.

Kokanee Mortgage

Fisgard Asset Management Corporation Kokanee Mortgage

Romspen Investment Corporation VWR Capital Corp.

Romspen Investment Corporation VWR Capital Corp.

Bayfield Mortgage Professionals Blueshore Pacifica Alternative Mortgage Centre Canadian Mortgages Inc. Cove Mortgage

Fisgard Asset Management Corporation Kokanee Mortgage

First Source Mortgage Corporation Fisgard Asset Management Corporation

Nova Scotia

Greenpath Capital Partners

Canadian Mortgages Inc.

Atlantic Signature Mortgage & Loan

New Brunswick

Kokanee Mortgage

Atlantic Signature Mortgage & Loan

Magenta Capital Corporation

Canadian Mortgages Inc.

Mortgagepedia Oppono Lending Company

Romspen Investment Corporation

Romspen Investment Corporation

British Columbia Alta West Capital

Romspen Investment Corporation

Saskatchewan

Tembo Financial

Fisgard Capital Corporation

Tribecca Finance

Romspen Investment Corporation Prince Edward Island Atlantic Signature Mortgage & Loan Canadian Mortgages Inc. Romspen Investment Corporation

VWR Capital Corp.

Kokanee Mortgage

Romspen Investment Corporation

Romspen Investment Corporation

VWR Capital Corp.

VWR Capital Corp.

Quebec Romspen Investment Corporation

ABOUT THE SPONSOR Canadian Mortgages Inc. was established in 2005 in order to serve those Canadians who had a much harder time obtaining financing to buy a home. Originally founded as a mortgage brokerage, CMI has a strong and growing complement of experienced mortgage agents.

Over the last five years, CMI has expanded to include a lending division,

Canadian Lending Inc., to provide lending services that fall outside the strict rules and guidelines of traditional lenders. CLI finances mortgages through the mortgage brokerage community; provides back-end lending for a number of large national operations; works with a small number of high-volume, relationship-oriented originators; and is composed of a growing

team of residential underwriters, fulfillment staff, mortgage administrators, manage­ ment and investor relations personnel.

The company started in Ontario but has branched out to multiple provinces, giving it experience working across the country in the areas of private mortgage lending and investing, construction financing, B mortgages, and self-employed clientele.

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Email lender notes, application, and credit bureaus to:

deals@vwrcapital.com D IMITRI K OSTUROS

Chief Operating Officer dimitri@vwrcapital.com

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P AULA H UTTON

BDM - Prairies paula@vwrcapital.com

2/11/2017 8:23:22 AM

SPONSORED BY

PRIVATE LENDING GUIDE

ALTA WEST CAPITAL awcapital.ca

self-employed, underemployed, flip

Rate type: 7.99%

888-554-9075

Property type: Residential, commercial

Maximum amortization: Interest-only or any amortization the broker wants

Lending markets: BC, Alberta, Ontario

Purpose: Purchase, refinance, equity take-out, foreclosure, flip

Niche/focus: 85% LTV residential

Fees: Yes Maximum LTV: 85%

Products: 85% LTV first, second and third mortgages

Minimum Beacon: None

Customer type: Lower Beacon score,

Terms: One year – open

Preferred loan amount: $20,000 to $1 million

ATLANTIC SIGNATURE MORTGAGE & LOAN Customer type: Consumer, small business, developer, experienced builder

atlanticsignature.com 902-406-1250 Lending markets: Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland – urban and rural community centres Niche/focus: Residential, incomeproducing multi-units, renovation and construction, small commercial mixeduse, land Products: First and second mortgages

awcapital.ca

Property type: Single-family, multiples, large homes, mixed-use, condos, land Purpose: Common-sense solutionbased lending for bridge financing purposes

Terms: Typically one year; 4% lender fee Rate type: Fixed Maximum amortization: Typically interest-only Preferred loan amount: $25,000 to $2 million

Maximum LTV: 80% for residential in urban core, 65% for commercial, 50% for land

85% LOAN-TO-VALUE

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Minimum Beacon: None

Tim Hurlbut

BUSINESS DEVELOPMENT BC/AB/ON

tim@awcapital.ca T 403.254.9075 x 224 C 1.403.928.5436

2017-04-13 10:35 AM

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675 Cochrane Drive, Suite 104, West Tower, Markham ON, L3R 0B8

W: 905-886-5352 F: 905-886-5974 info@oppono.com www.oppono.com License # 11887/12558

OPPONO LENDING COMPANY IS AN EQUITY BASED RESIDENTIAL LENDER. OUR DEDICATED STAFF IS AVAILABLE 7 DAYS A WEEK TO ENSURE BROKERS GET THE QUICKEST CLOSING TIMES, AND BEST SERVICE IN THE INDUSTRY! Our common-sense underwriting guarantees an effortless approval and closing process between the lender and broker, ensuring we only request the required documentation and nothing more!

Common sense equity based lending 1st and 2nd mortgages up to 80% LTV* No income verification* No Beacon score requirements* Flexible term* Fixed rate* Available 7 days a week* Once the file is complete, we will close in 48 hours.* Flexible monthly payments*

:35 AM

*Term and condition may apply, rate and fee’s subject to change without notice.

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Ajay Kaith BDM

ajay.kaith@oppono.com 416-669-9274

2/11/2017 2017-10-16 8:23:51 AM 10:59 AM

PRIVATE LENDING GUIDE

BAYFIELD MORTGAGE PROFESSIONALS bayfieldonline.com

or proof of income

Minimum Beacon: None

604-533-4478

Products: First, second and occasional third mortgages

Terms: One to two years

Lending markets: BC, Alberta, Manitoba Niche/focus: Common-sense equitybased lending on residential and commercial properties on exception; readvanceable product now available on exception basis. Being a equitybased lender, we are not limited to a specific market type, GDS/TDS limits

Rate type: Fixed/open Property type: Single-family, duplex, townhouse, bare land, construction (draw financing), condos and apartment-style condos

Maximum amortization: 40 years Fees: All fees are fair and negotiable

Purpose: Equity lender

Preferred loan amount: Up to $1 million

Maximum LTV: 75%

BLUESHORE PACIFICA ALTERNATIVE MORTGAGE CENTRE blueshorepacifica.com

Property type: Residential properties

Rate type: Fixed or floating

604-899-3780

Purpose: Purchase, refinance and equity take-out

Maximum amortization: Interest-only or 30-year maximum

Maximum LTV: 75%

Fees: 2%, typically split with the broker

Minimum Beacon: None; credit to be reviewed on a case-by-case basis

Preferred loan amount: $100,000 to $5 million; we will lend over $5 million under the right conditions

Lending markets: BC – Greater Vancouver and larger regions Niche/focus: Common-sense lending for borrowers with realistic repayment plans Products: First and second mortgages

Terms: One to two years for Pacifica; one to five years for Blueshore Financial

info@atlanticsignature.com | 902.406.1250

IT’S NOT

ROCKET SCIENCE TO GET YOUR PROJECT FINANCED Residential & Commercial Financing Short-term lending solutions for Atlantic Canada’s major urban and rural communities.

From $50,000 to $5,000,000

Call us today: 902.406.1250

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SPONSORED BY

CANADIAN MORTGAGES INC. canadianmortgagesinc.ca 855-340-8543

Lending markets: Ontario, BC, Alberta (primary, secondary and tertiary markets), Manitoba and the Maritimes (primary and secondary markets)

Minimum Beacon: None

Niche/focus: Residential owneroccupied, rental, renovation, commercial (retail, multi-family, office, medical, light industrial) and prime building lots in urban areas

Rate type: Fixed

Terms: One year standard; shorter or longer on exception

Maximum amortization: Typically interest-only Fees: Case by case, minimum $1,000

Products: First, second and low-LTV third mortgages (residential only)

Preferred loan amount: $25,000 to $1 million

Customer type: Salaried, selfemployed, corporations, good or bad credit Property type: Single-family, multiples, stores and apartments, multi-income commercial, prime building lots Purpose: Renovation, bridge loans and/or debt consolidation Maximum LTV: Up to 85% in BC and Ontario major centres, 80% elsewhere, 75% rural

NEED A BIGGER DEPOSIT AND SHORT ON TIME? CLIENT IN NEED OF A RENOVATION TO SELL BUT SHORT OF FUNDS? Tembo Financial is your fast, innovative and non-traditional lender offering flexibility and creative solutions to close deals quickly!

Whether it’s a short-term equity advance, bridge loan or a 1 year term, Tembo offers solutions!

48 H urs

Funds ready in as little as 48 hours.

Fully open loans, Competitive fees.* Visit tembofinancial.com Call 1-844-238-6717

BRIDGE LOANS • DEPOSIT LOANS • RENOVATION LOANS BEFORE SALE • 1ST MORTGAGE • 2ND MORTGAGE *Subject to qualification. FSCO License No. 12598

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PRIVATE LENDING GUIDE

COVE MORTGAGE covemortgage.com 604-929-8156

Property type: Single-family residential, townhouses, condo apartments, rentals, small commercial, serviced lots, recreational

Lending markets: BC Niche/focus: Credit challenges/ lack of credit, self-employed income, borrowers with multiple properties, blanket mortgages/inter-alia

Purpose: Purchase, refinance, equity take-out Maximum LTV: Up to 75% Minimum Beacon: None

Products: First, second and third mortgages

Terms: One and two years

Customer type: All

Rate type: Fixed

P: 604-899-3799 | F: 604-899-0337 | blushorepacifica.com

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Maximum amortization: Interest-only (amortized payments upon request) Fees: First mortgages start at 1% (minimum $2,000); second mortgages start at 2% (minimum $2,000) Preferred loan amount: $25,000 to $1 million; larger loans considered on a case-by-case basis

Suite 1050 - 475 West Georgia Street, Vancouver, B.C. V6B 4M9

24/10/2017 7:07:28 PM

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SPONSORED BY

FIRST SOURCE MORTGAGE CORPORATION firstsourcemortgage.ca

developers, real estate investors, business owners

416-221-2238 Lending markets: Ontario – London to Ottawa; prefer population centres of 25,000+ Niche/focus: Non-bank commercial, multi-residential, development land, retail, industrial, gas stations, hospitality

Property type: Development land, industrial, commercial (including stores and apartments, plazas, flagged gas stations, flagged hotels) Purpose: Acquisitions, construction projects, renovations of existing properties, refinances, equity take-out or bridge financing against future development or future sales

Products: First mortgages

Minimum Beacon: None Terms: One to two years; lender fee; closed six months then open on one-month bonus Rate type: Fixed Maximum amortization: Interest-only Fees: Varies; competitive Preferred loan amount: $1 million to $10 million

Maximum LTV: 75% Customer type: Experienced builders,

DOESN’T DOESN’T FIT? FIT?

LENDING LENDINGYOU YOUAAHAND HAND TO TOMAKE MAKEANY ANYDEAL DEALFIT. FIT.

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PRIVATE LENDING GUIDE

FISGARD ASSET MANAGEMENT CORPORATION fisgard.com 604-533-4478 Lending markets: • BC, Alberta, Manitoba and Ontario (as Fisgard Asset Management Corporation) • Saskatchewan (as Fisgard Capital Corporation)

Property type: Residential (owneroccupied, rentals, recreation/vacation, student housing), construction (singlefamily, multi-family, renovation), commercial (retail centres, offices, mixed-use, fully tenanted industrial, condo inventory, lot inventory)

if paid as agreed), no prepayment penalties (fully open) • Construction: 2% • Commercial: 1%+ Preferred loan amount: $30,000 to $5 million (will participate in larger loans)

Maximum LTV: 75% Minimum Beacon: None

Niche/focus: Fisgard is a niche lender that fills the void for Conventional, Alt A and B lenders and Canadian mortgage consumers that require ‘outside of the banking box’ mortgage financing. Fisgard is often referred as a C+ and no-fee lender Products: Residential first and second mortgages, construction, commercial Customer type: Business-for-self, stated income, bruised credit, low-doc, income-challenged, CRA issues, new to Canada, bridge/interim financing, requires short-term financing (up to two years), builders (including ownerbuilders), commercial borrowers, recent bankruptcy, in foreclosure, or in consumer proposal

Terms: No lender fees (residential only), fully open after one month, up to two years Rate type: • Residential first: 7.5% – 10.5% (up to 75%) • Residential second: 10.5% – 13.85% (up to 75%) • Construction: 8.5%+ • Commercial: 7%+ Maximum amortization: Most are interest-only but can be amortized (negotiable) Fees: • Residential: No lender fee, no renewal fee (on first renewal and

Small town Equity Lending specialist

Flexible. Creative. Solutions.

For over 30 years, Kokanee Mortgage has been providing equity lending in small towns and rural areas in Western Canada. Now lending in Ontario, Manitoba, Saskatchewan, Alberta, British Columbia and Yukon.

Let’s connect 250 828 2849 | 844 KOKANEE | www.kokaneemortgage.com

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m

SPONSORED BY

GREENPATH CAPITAL PARTNERS greenpathcapital.ca

Customer type: Individuals – salaried, self-employed, bruised credit

647-726-1384

exception basis Rate type: Fixed

Lending markets: Ontario – Toronto, Halton, Peel, York, Durham, Hamilton, Simcoe County and Northumberland County Niche/focus: Residential and commercial property financing for borrowers who might not qualify at traditional institutions

Property type: Single-family, townhouses, condominiums, multi-unit, commercial property Purpose: Refinance, purchase, debt consolidation, equity take-out Maximum LTV: 80% for first and second mortgages; 82.5% for third

Maximum amortization: Interest-only Fees: Start at 1%, subject to loan amount and risk assessment Preferred loan amount: No minimum; up to $1.5 million

Minimum Beacon: None Products: First, second and third mortgages

Terms: One year; shorter or longer on

KOKANEE MORTGAGE kokaneemortgage.com

Customer type: Non-bank-qualified

250-828-2849

Property type: Residential and small commercial

Rate type: Fixed

Purpose: Any

Maximum amortization: 25 years

Maximum LTV: 70%

Fees: 1% to 2%

Minimum Beacon: None

Preferred loan amount: $50,000 to $500,000

Lending markets: Ontario, BC, Alberta, Saskatchewan, Manitoba, Yukon Niche/focus: Residential located within smaller cities and towns Products: First and second mortgages

Terms: One year open or closed; renewable

Competitive Rates & Terms on 1st, 2nd and 3rd mortgages on most property types across BC Celebrating our 40th year of providing private mortgage solutions Heather Briglio President, Underwriter 604-929-8156 ext 15 heather@covemortgage.com

Lorie Martin Manager, Underwriting and Sales 604-837-5889 lorie@covemortgage.com

Carly Erickson Broker, Underwriting Assistant 604-929-8156 ext 14 carly@covemortgage.com

Direct submissions to cove_mortgage@telus.net | Visit us at www.covemortgage.com to learn more

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PRIVATE LENDING GUIDE

MAGENTA CAPITAL CORPORATION magentainvestment.ca

‘no-doc’ and ‘stated income’ products

Terms: One to two years

888-267-1744

Customer type: Self-employed, salaried, bruised credit, new to Canada, nontraditional income sources – anything that falls outside of regular bank parameters

Rate type: Fixed

Lending markets: Eastern and Southwestern Ontario, primarily urban settings (full city limits plus 10km) Niche/focus: Situational lender, owner-occupied properties, single and multi-unit rental properties, student rentals, commercial, mixed-use, construction, renovations and raw land

Property type: Single-family, multiuse residential, apartments, condos

Products: First and second residential mortgages, renovation loans, seasonal properties, lot and land, equity lending,

Maximum LTV: 85%

Purpose: Purchase or refinance; bridge lending available

Minimum Beacon: None

Maximum amortization: 40 years; interest-only available Fees: Generally a 2.5% lender fee for first mortgages; 3% for second mortgages and raw land. We always cap our fees, and fees could change with any rate/product specials we have Preferred loan amount: Residential properties up to $750,000; no minimum loan amount, but a minimum fee on our second of $2,000

Creative Non-Bank Creative Non-Bank Creative Non-Bank Mortgage Solutions For Mortgage Solutions For Mortgage Solutions For Commercial Real Estate Commercial Real Estate Commercial Real Estate

When Your Commercial Deal Needs The Right Lender…

When Your Commercial Deal Needs The Right Lender…

When Your Commercial Deal Needs The Right Lender…

Who can provide you with the guidance, skill, knowledge, speed and creativity to over deliver on Who can provide you with the guidance, skill, knowledge, speed and creativity to over deliver on Who provide you withWe theare guidance, skill, knowledge, speednext and commercial creativity tomortgage over deliver on client can needs and demands. that Lender.

Call us on your transaction client needs and demands. We are that Lender. Call us on your next commercial mortgage transaction client needs and demands. are that Call it! us on your next commercial mortgage transaction between $500,000 and $10We million and Lender. we’ll prove between $500,000 and $10 million and we’ll prove it! between $500,000 and $10 million and we’ll prove it!

Land • Land Servicing • Construction • Office • Industrial • Retail • Plaza • Special Purpose • Gas Station • Hotel • Land • Land Servicing • Construction • Office • Industrial • Retail • Plaza • Special Purpose • Gas Station • Hotel • Bridge Loans • First Mortgages • Acquisition Refinance Land • Land Servicing • Construction • Office • Industrial • Retail • Plaza ••• Special Purpose • Gas Station • Hotel • Bridge Loans • First Mortgages • Acquisition Refinance Bridge Loans • First Mortgages • Acquisition • Refinance

Call: 416-221-2238 • David Mandel x22 • Skip Walters x25 • Lisa Collis x33 • Paul Labelle x27 Call: 416-221-2238 •Mortgage David Mandel x22# 10434) • Skip Walters x25First • Lisa Collis x33 • Paul Labelle x27 Principal Broker First Source • Corporation (License Principal Administrator Source Collis Financial Management Inc. (License # 12594) Call: 416-221-2238 David Mandel x22 • Skip Walters x25 • Lisa x33 • Paul Labelle x27 Principal Broker First Source Mortgage Corporation (License # 10434) Principal Administrator First Source Financial Management Inc. (License # 12594) Principal Broker First Source Mortgage Corporation (License # 10434) Principal Administrator First Source Financial Management Inc. (License # 12594)

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SPONSORED BY

MORTGAGEPEDIA mortgagepedia.ca 416-836-5617 Lending markets: Ontario (GTA and outside of GTA with lower LTVs) Products: Residential and commercial mortgages Property type: Detached, semi, townhomes, condos, industrial, mixed-use, places of worship, plazas, vacant land, hotels, restaurants and commercial condos Purpose: Purchase, refinance

Maximum LTV: • First residential: 70% • First commercial: 65% • Second residential: 85% (90% on exception) • Second commercial: 65% (75% on exception)

• From 3% on second mortgages Preferred loan amount: • Minimum $150,000 on first mortgages • Minimum $50,000 on second mortgages • Maximum $10 million

Minimum Beacon: None, discharged bankruptcy Terms: Six months to two years Maximum amortization: Interest-only Fees: • From 2.5% on first mortgages

Flexible, Fast Approvals, For You RESIDENTIAL / COMMERCIAL including condominiums Lending Areas - Ontario: Toronto, Halton, Peel, York & Durham, Hamilton, Simcoe and Northumberland*

For all inquires contact: Stephanie Rumble P. 647-726-1384 E. srumble@greenpathcapital.ca

1st, 2nd, 3rd private mortgage funds

*Selected areas

www.greenpathcapital.ca

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PRIVATE LENDING GUIDE

OPPONO LENDING COMPANY Products: First, second and occasional third mortgages

oppono.com 905-886-5352

Minimum Beacon: None Terms: One to two years

Customer type: Not specific Lending markets: Ontario (GTA and Golden Horseshoe) Property type: Common-sense equity-based lending on residential properties (commercial properties on exception). As an equity-based lender, we are not limited to a specific market type, GDS/TDS limits or proof of income

Rate type: Fixed/closed Property type: Single-family detached, duplexes, townhouses, land, condos, construction, bridge financing

Maximum amortization: 25 years or interest-only

Purpose: Equity lending

Fees: Starting at 2.5%

Maximum LTV: 75% (80% on a case-by-case basis)

Preferred loan amount: Under $1.75 million

ROMSPEN INVESTMENT CORPORATION Property type: Commercial, industrial, development, hospitality, specialpurpose properties

romspen.com 416-966-1100 Lending markets: Canada and the US

Purpose: Purchase, refinance

Niche/focus: Commercial mortgages

Maximum LTV: 75%

Products: Term, bridge, construction mortgages

Minimum Beacon: None Terms: Up to five years

Rate type: 7.75% and higher Maximum amortization: Interest-only and flexible amortizations Fees: Generally 2% of loan amount, plus lender’s legal fees and disbursements Preferred loan amount: $4 million to $100 million

Customer type: Commercial borrowers

PRODUCT PRODUCT SHEET SHEET - 1ST-MORTGAGE 1ST MORTGAGE RATES RATES STARTING STARTING AT 7.99% AT 7.99% - 70%- LTV 70% LTV

- INDUSTRIAL - INDUSTRIAL

- VACANT - VACANT LANDLAND - 2ND- MORTGAGE 2ND MORTGAGE RATES RATES STARTING STARTING AT 9.99% AT 9.99% - 85%- LTV 85%(90% LTV (90% LTV ON LTVEXCEPTION) ON EXCEPTION) - HOTELS - HOTELS

- PLACES - PLACES OF WORSHIP OF WORSHIP

ta

- MIXED-USE - MIXED-USE - RESIDENTIAL - RESIDENTIAL HOMES HOMES

- RESIDENTIAL - RESIDENTIAL CONDOS CONDOS - RESTAURANTS - RESTAURANTS - COMMERCIAL - COMMERCIAL CONDO CONDO UNITS UNITS

- 1ST-MORTGAGE 1ST MORTGAGE RATES RATES STARTING STARTING AT 7.99% AT 7.99%

e

Fis and

BC

- PLAZAS - PLAZAS

- 2ND- MORTGAGE 2ND MORTGAGE RATES RATES STARTING STARTING AT 9.99% AT 9.99%

MORTGAGEPEDIA MORTGAGEPEDIA INC. INC. LIC #LIC 12820 # 12820 57 VILLAGE 57CENTRE VILLAGEPLACE, CENTRE UNIT PLACE, 200 UNIT 200 MISSISSAUGA, MISSISSAUGA, ON L4Z 1V9 ON (416)900-1089 L4Z 1V9 (416)900-1089

(416)937-2612 (416)937-2612

Re

WASAH WASAH MALIK, MALIK, MORTGAGE MORTGAGE AGENT AGENT LIC # LIC M14001265 # M14001265 PRIVATE PRIVATE LENDER LENDER 10 FALCONER 10 FALCONER DRIVE, DRIVE, UNITUNIT 3, MISSISSAUGA, 3, MISSISSAUGA, ON L5N ON L5N 3L8 3L8 | (416)937-2612 | (416)937-2612

14 www.mortgagebrokernews.ca

IFC-IBC_Private Lending Guide-SUBBED2.indd 14

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SPONSORED BY

TEMBO FINANCIAL tembofinancial.com 844-238-6717 Lending markets: Ontario Niche/focus: Short-term exit strategy, common-sense, equity-based residential lending with some commercial Products: Deposit loans, equity advances, bridge loans, and first, second and low-LTV third mortgages (traditional one-year term private firsts and seconds)

Customer type: Customers requiring bridge or interim financing; good or bad credit

Minimum Beacon: None

Property type: Single-family, condos, multi-family, commercial, mixed-use

Rate type: Fixed

Terms: One year or shorter

Maximum amortization: Interest-only Purpose: Deposit loans, bridge loans, renovation before sale, debt consolidation, moving expenses, purchases, refinancing, equity take-out

Fees: Considered on a deal-by-deal basis Preferred loan amount: $20,000 up to $2.5 million

Maximum LTV: 85% in Ontario major cities on an exception basis; otherwise 75% to 80%

TRIBECCA FINANCE tribecca.ca

Customer type: All

Terms: One month to two years

416-225-6900

Rate type: Fixed

Lending markets: Ontario

Property type: Single-family, townhouses, condos, multi-unit, building lots

Niche/focus: Customized residential and construction mortgages

Purpose: Purchase, refinance, equity take-out, bridge financing, construction

Products: First and second mortgages, construction mortgages, unsecured personal loans

Maximum LTV: 80%

Fees: 2% to 4% Preferred loan amount: 10,000 to $1.5 million

Minimum Beacon: None

eXPeRts

talk to the experts in private lending

Fisgard is one of Canada’s largest private Mortgage Investment Corporations and a leader in private and alternative lending solutions.

BC to ontarIo

Maximum amortization: 30 years; interest-only available

. no lender Fee . Fully open . Interest only payMents

asset management corporation

For all deal inquiries contact:

Hali noble t: m: e: w:

866.382.9255 250.480.8883 newdeal@fisgard.com fisgardmortgage.com

Residential • CommeRCial • ConstRuCtion British Columbia Brokerage #X022176 | Alberta Brokerage #MW-1411086 | Ontario Brokerage #12560 Admin #12500

www.mortgagebrokernews.ca

15

SPONSORED BY

PRIVATE LENDING GUIDE

VWR CAPITAL CORP. vwrcapital.com 866-907-5407 Lending markets: BC, Alberta, Saskatchewan, Manitoba, Ontario

Property type: Single-family, townhouses, condos, row homes, serviced land, raw land, multi-family Purpose: Financing for borrowers who might not qualify at traditional institutions

Niche/focus: Residential

Maximum amortization: 35 years Fees: Starting from $750 for first mortgages; $500 for second and third mortgages Preferred loan amount: $25,000 up to $1.5 million

Maximum LTV: 75% Products: First, second and third mortgages Customer type: Individuals, holding companies, operating companies, non-residents and more

Minimum Beacon: None Terms: One year – open mortgages available Rate type: Fixed

16 www.mortgagebrokernews.ca

IFC-IBC_Private Lending Guide-SUBBED2.indd 16

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License # 10172

Romspen Investment Corporation is a non-bank mortgage lender specializing in commercial real estate across Canada and the United States. With over $2 billion under administration, we offer customized mortgage solutions for term, bridge and construction financing from $4M to $100M.

IT’S ALLDONE WITH MONEY. Blake Cassidy or Pierre Leonard 800 494 0389 | www.romspen.com

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