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
INVENTORY LENDING FOR CUSTOM HOMES AND CONDOMINIUM UNITS
Since 2000, Firm Capital Corporation has originated, underwritten, structured, funded, serviced and
managed over $6 billion worth of residential and commercial mortgage investments across Canada.
INVENTORYLENDING PROGRAM
$500,000 to $5,000,000
LOAN AMOUNT
First mortgages from 6.0% to 7.0%
INTEREST RATE
Up to 65% of appraised value
LOAN FACILITY
Interest paid monthly
REPAYMENT
1.0% to 1.5% of loan amount (subject to loan term)
LENDER’S FEE
Fully open
PREPAYMENT
FCC Mortgage Application, AACI Appraisal indicating completed value and Occupancy Permit
UNDERWRITING CRITERIA
