allcanadianmtg.ca

 

 

All Canadian Mortgage Corporation is a leading commercial and multi-family residential mortgage provider, offering a full spectrum of financing terms on all types of real estate.

We act as a private lender; mortgage banker; and broker originating, underwriting, and arranging institutional financing on behalf of our clients. We create a complete and efficient financing package for our clients.
 

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Mortgage
Corporation


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MORTGAGE FINANCING


All Canadian Mortgage Corporation is a leading commercial and multi-family residential mortgage provider, offering a full spectrum of financing terms on all types of real estate.

We act as a private lender; mortgage banker; and broker originating, underwriting, and arranging institutional financing on behalf of our clients.   We create a complete and efficient financing package for our clients.
 

CMHC CORRESPONDENT


All Canadian Mortgage Corporation is an approved CMHC Correspondent with access to all CMHC Lending Programs.

Canada Mortgage and Housing Corporation “CMHC” is the only provider in Canada of mortgage loan insurance for the construction, purchase and refinancing of large multi-unit residential properties, including rental buildings, licensed care facilities, retirement homes, and student housing.  CMHC mortgage insurance covers:

o       High ratio construction financing of up to 85% of the lending value for construction, purchase or refinancing of  housing for students.
o     Construction and long term financing for rental apartments/condominium buildings, and seniors facilities.
o     Non-recourse lending for non-profit housing
o     Rental Rehabilitation Assisted Program (RRAP) to convert or improve rental housing stock.

WHY CMHC FINANCING


CMHC insured financing provides access to the most competitive interest rates and terms for the life of the mortgage,  as opposed to conventional mortgages.
 

LOCATIONS


Major urban areas across Canada
 

GENERAL TERMS - Conventional Loans

 
Loan Sizes $500,000 - $30,000,000 +
Repayment Interest only, amortizing or interest reserve provision
Interest rates First mortgages from 2.5% - 3.5%

Second mortgages from 6% - 10%

Terms 6 months to 10 years
 

PRODUCT TYPES

 


Multi-family residential

o Apartment Buildings

o Condominium Projects

o Student Housing

o Seniors facilities

Land development

o Zoned Land, serviced lots

Mixed Use Properties

Retail (anchored or unanchored)

Industrial properties

Office buildings
 

 

CONVENTIONAL MORTGAGES


Available on income producing properties such as office, industrial, retail, multi-residential, student housing, and seniors’ facilities.

First mortgages up to 75% of appraised value with terms of up to 10 years

Second mortgages up to 85% of appraised value with terms of up to 5 years

CONSTRUCTION FINANCING


Available for new construction, and re-development  properties such as office, industrial, retail, multi-residential, student housing, and seniors’ facilities.

First mortgages up to 75% of appraised value, floating rate with terms of up to 2 years.

Second mortgages up to 85% of appraised value to a maximum of 90% of cost, fixed rate with terms of up to 2 years.
 

SUBORDINATE DEBT

·        
      Second mortgages on income producing properties

o       For acquisitions

o       Equity release

o       refinancing

·         Mezzanine financing for development

o       Where Borrower requires additional equity in order to secure construction first mortgage

o       To cover presale requirements as may be required

o       Costs for permits, and start up costs

o       Cost overruns

·         Equity and joint venture financing

o       Borrower requires additional capital to acquire or develop property.

o       Capital may be structured as conventional debt, participating debt or

equity.

 

WE LOOK FORWARD TO HEARING FROM YOU

 

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