TERM FINANCING & COMMERCIAL MORTGAGES · 2017-10-03 · & COMMERCIAL MORTGAGES Cameron Stephens...

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Cameron Stephens | 2017 Product Summary www.cameronstephens.com

*Prices subject to Prime Rate at the date of the transaction. Prime subject to change.

TERM FINANCING & COMMERCIAL MORTGAGES Cameron Stephens lends to borrowers to provide financing for income-producing properties.

TERMS* : LOAN AMOUNTS:

LOAN AMOUNT$6,600,000 (staged advances to allow for construction of gas station)

RATE 5 year GOC (+ 2.25%)

TERM 5 years

LOAN-TO-VALUE 70%

SHORT TERM

5.00% - 8.00%(INTEREST ONLY

OR 15 YEAR AMORTIZATION)

5 YEARS

GOC + 1.80% - 3.00% (20 TO 25 YEAR AMORTIZATION)

10 YEARS

GOC + 2.00% - 3.00% (25 TO 30 YEAR AMORTIZATION)

TERM PRICING RANGELOAN AMOUNTS FROM

50% to 85%loan-to-value

DEBT SERVICE COVERAGE RATIO

1.00x and up

MULTI-FAMILYRESIDENTIAL

INDUSTRIAL RETAIL OFFICE

Financing available for:

Case Study Commercial Plaza London, ON