• Uses: Residential, Commercial, Environmental Remediation, Special Situations
  • LTV (max): 75% Residential, 70% Commercial, higher loan amounts with additional real estate collateral
  • Loan Amount: $250,000 to $10,000,000
  • Term: 6 to 36 months
  • Rates: 7.9% to 12.9%, subject to risk
  • Lender Fee: 1.5% to 4.0% of the loan amount
  • Amortization: Often interest only, negotiable
  • Prepayment: Flexible
  • Guarantee: required in most situations
  • Security: 1st mortgage, 2nd mortgage on a selective basis
  • Timeline: Term sheets in 24 hours upon presentation of good information
Actual Term Loan $12,500,000 deal funded by Moskowitz Capital on Toronto historic building

ELIGIBLE PROPERTIES

  • Single Family Dwellings: Urban and selective rural
  • Mixed Use: Properties that integrate residential and commercial uses
  • Retail and Office Buildings: Urban and selective rural
  • Multi-Family Housing: Apartments, student housing
  • Raw Land: Residential and commercial
  • Warehouses/Light Industrial Properties: Single and multi-tenant facilities
  • Hotels/Motels: AirBnB
  • Restaurants: Established owner-occupied and leased facilities
  • Other type of properties include:
    • Assisted Care
    • Campground
    • Car Wash
    • Storage
    • Mobile Home Park