LENDING SERVICES
LOAN PROGRAMS
All our real estate mortgage loans are mediated by accredited mortgage brokers whose prime responsibility is to secure the most suitable financing option within a reasonable turnaround time. We work with these brokers to help plan financing that satisfies development objectives and time constraints. Brokerage services are provided at no additional cost. To obtain a list of qualified brokers, contact info@dezcapital.com or The Financial Services Regulatory Authority (FSRA).
All loans are equity-based, and loan to value (LTV) is determined by the property’s appraised value. Please refer to the following information and call or email us with any questions.
LOAN PROGRAM DETAILS
Amount | $250,000 – $10,000,000 |
Lending Area | Greater Toronto Area (GTA), Barrie, Kitchener, Waterloo, Burlington, St. Catharines, Hamilton |
Maximum / Minimum Term | 12 Months Open |
Mortgages | 1st and 2nd Position |
Payment Type | Interest Only, Calculated and Payable Monthly |
Term Sheet | Within 48 Hours |
Turnaround | 3 – 7 Business Day Turnaround |
Lender Fee | 1 – 3% of the Loan Amount |
If you are a broker and have a potential deal, please send a complete mortgage package to brokerdeals@dezcapital.com so we can begin our underwriting process. Alternatively, please call us at 416.519.9090 and we will be happy to answer any additional questions you may have.
RESIDENTIAL
• Loan to Value up to 75%
• From single-family residential through multi-tenant residential buildings
COMMERCIAL
• Commercial deals are executed case-by-case
CONSTRUCTION
• Loan to Value up to 70%
• Finance any stage of the project, irrespective of how many units are pre-sold
• Fast processing of draws to save time and money for builders
COMBO
(LAND PURCHASE FOLLOWED BY CONSTRUCTION)
• Ideal financing package for builders to purchase and construct new residential homes under the same financing umbrella
• First and Second Mortgage Construction
• Seamless financing from start to finish
• One-stop financing means less legal fees, time and paperwork
PRE-DEVELOPMENT/DEVELOPMENT
Financing for land purchase, development and approval phase, as well as marketing and sales. Customized financing options to deliver a successful outcome for the developer.