Dez Capital is a Canadian non-bank mortgage lender specializing in residential, construction, development, and commercial loans in the Golden Horseshoe Area. We create bespoke financing packages, for up to $10 Million, to provide the capital borrowers are seeking for their latest endeavours.
When it comes to financing real estate, there are various types of loans that cater to different needs and purposes. We employ a prudent investment philosophy that is focused on delivering low-risk, stable returns for our investors and all our loans are equity-based, where the loan to value (LTV) is determined by the property’s appraised value. Our goal is to be a financial partner with our clients and provide capital in ways that will guarantee success in their real-estate projects.
We offer various mortgage solutions for several real estate asset classes. Let’s take a closer look at five common types of real estate loans we participate in.
Residential Loans – Residential loans, also known as home loans or mortgages, are used to finance the purchase of residential properties such as single-family homes, townhouses, and condominiums. Our residential loans have an LTV of up to 75%
Commercial Loans – Commercial loans are used to finance commercial real estate properties, such as office buildings, retail centers, industrial properties, and multifamily properties. Commercial loans are typically larger and more complex. We evaluate these on a case by case basis.
Construction Loans – Construction loans are short-term loans that provide funds to cover the costs of construction. Our loans carry an LTV of up to 70% and can be used towards the financing of any stage of the project, irrespective of how many units are pre-sold. We also operate quickly which saves time and money for our borrowers.
Land Loans – Land loans are used to finance the purchase of vacant land or raw land without any existing structures. We are able to create ideal financing packages for builders to purchase and construct new residential homes under the same financing umbrella. We work with 1st and 2nd position mortgages on land loans and our start to finish approach means less time, less fees and more benefit to the borrowers.
Pre-Development Loan – These loans provide financing for land purchase, development and approval phases, as well as marketing and sales for a real estate project. We offer customized financing options to deliver a successful outcome for the borrower.
In conclusion, understanding the different types of real estate loans can help you choose the right financing option for your specific needs and goals. Whether you’re building a new property, purchasing land, buying a residential property, investing in commercial real estate, or funding a pre-development project, consulting with a qualified financial professional or a mortgage lender can provide valuable guidance and assistance in navigating the complexities of real estate financing. Contact us to learn more about how we can work with you on your next real estate project.