With the tightening of mortgage regulations across the country, Canadians are now faced with fewer financing options and are considering alternatives. In cases where banks or other institutions cannot offer end-to-end lending options for borrowers, we are pleased to act as brokers to our valued private mortgage lenders.
We offer access to private mortgage loans, which are typically short-term in duration and interest-only, and with the ability to borrow funds with very flexible terms and conditions. Private mortgages often have a faster funding turn around schedule and allow for higher borrowing amounts. Simply put private lenders will often allow you to borrow in situations and with terms and condition that traditional financial institutions are not willing to provide.
Private lending can be an excellent option for commercial buildings, development projects, equity financing, or as funding for the expansion of your business or practice.
All traditional and private mortgage lending is offered through licensed mortgage agents with FMP Mortgage Investments Inc.
Private Mortgage Lending for Home or Commercial Property
Finance your real estate dreams and make sound decisions about your mortgage. Our mortgage partners provide our clients with best of class mortgage solutions for both their family and business.
With access to over 50 major financial institutions—banks, trust companies, credit unions, pension funds, and other lending companies—from across Canada, we are privileged to offer the most competitive rates, service and mortgage options.
We offer advice, consultation and financially beneficial opportunities at no cost, potentially saving our clients thousands of dollars. Our special relationship with lenders makes it possible for us to negotiate best rates and terms on our client’s behalf and significantly improve their cash flow.
Our mortgages are available for both residential and commercial mortgages. This includes your home, vacation properties (ex. Cottages), rental properties, multi-unit residential buildings (ex. multiplexes and apartment buildings), office buildings and industrial property.
To meet the demands of condominium corporations looking for loans to fund major repairs, deferred maintenance, special projects, and green energy initiatives, we now offer a Condominium Corporation Loan program. Financing can be an excellent alternative to levying a large special assessment on condominium unit owners. Please contact us for more details on this program.