Pre-approved with 75% LTV on pre-sale contract, Final approval at 85% upon completion
For a Toronto company to expand into Greater Vancouver market.
Funded while business being shut down amid Covid-19
Helped client move from private lender to financial institution
Equity taken out at a market value 3 times of purchase price in 5 years
Funded before obtaining occupancy permit
Fast funding within 1 week
Hard hit restaurant industry got refinancing
Helped a new immigrant to invest in commercial real estate for the first time
Without lease in place, got the panic client with LOC of $5 million ready for the Covid-19 outbreak
Commercial Mortgage, Construction Mortgage
Vancouver, Richmond, Burnaby, Surrey, Victoria, Kelowna, Kamloops, Maple Ridge, Langley, Coquitlam, Nanaimo, Sunshine Coast, and more
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