Mortgages for Income Producing Properties

Commercial mortgages are commonly for income-producing properties, such as office buildings, retail plaza, apartment buildings, townhouses, mobile home parks, student housing, or retirement homes. These properties are very different but they have one thing in common --- the ability to generate consistent income for their owners. No matter it's a new purchase, refinance, equity takeout, bridge financing, or simply switch from one lender to another, U Wealth Financial can offer solutions to achieve your business goals:

  • LTV up to 80% (could be higher with/without CMHC insured);
  • Up to 100% financing under the special program;
  • Fixed or floating mortgage rates;
  • Closed, open, or mixed mortgage terms;
  • Debt Service Ratio as low as 1.1.

Mortgages for Hotels and Motels

Hotels and motels generate income for owners too. Unlike other income-producing properties, they don't normally have a lease in place. They have very unique metrics to look at when it comes to financing. U Wealth Financial is able to help with commercial mortgages for this type of properties:

  • Commercial mortgages for acquisition and refinancing of hotels, motels, bed & breakfast, whether branded or independently operated;
  • LTV up to 75% or higher with CMHC insured;
  • Fixed or floating mortgage rates;
  • Closed, open, or mixed mortgage terms;
  • Debt Service Ratio as low as 1.1

Construction Mortgages / Land Loans

Given the intensification trend in Greater Vancouver area, There are lots of in-fill constructions going on. How do you meet the challenge to tear down the old building and rebuilt? Construction mortgages can help.

Another related trend on Vancouver real estate market is rezoning, which resulted in re-development. When the value incremental has already been factored in market price, it's about time to consider commercial mortgages while you hold the sites.

Furthermore, U Wealth Financial offers consulting services related to construction and redevelopment projects, such as feasibility study and analysis, financial projections, which are essential for successful applications of commercial mortgages and construction mortgages

specialty real estate mortgage

Mortgages for specialty properties

There are purpose built or run properties on the market, such as child care facilities, long-term care facilities, Medical buildings, wineries, gas bars. golf courses, and resorts. Lenders may prefer one type to another, but we can find solutions for you. Call us to know more!

Commercial Mortgages for Non-residents

Canada is ranked top for doing businesses and Vancouver is one of the best place for business in Canada. Foriegn businesses and investors are among our clients who seek commercial mortgage financing locally.  We know your language, We know your thinking. Please call and discuss!

non resident mortgage

Next Steps...

Start with a phone call to 778-803-9955, talk to us about your mortgage needs and goals. In return, we give you expert mortgage advice and sensible options for mortgage rates and terms, then we work hard to get your mortgage approved and funded