Mortgage Broker Store Lic# 12800

We lend in all major urban centers in Southern and Eastern Ontario (From London to Ottawa). We finance second mortgages up to 90% LTV on the sale property up to 100% of the purchase property minus any deposits with Fully Open Term.

Property Types

Owner Occupied, Residential Properties only
Single family home, Semis and Townhouses
Must be on full, municipal services (other properties considered case by case at lower LTVs
No commercial, mobile, construction homes, farms or vacant land
Rentals and/or apartment-style condos considered case by case at lower LTVs

Documentation

Full Purchase and Sales Agreements for both properties including ALL schedules/waivers
MLS listing for both properties
Copy of Appraisal for the purchased property
Payout Statement from the sale property

Special Details

Must be behind an institutional first mortgage
Arms length transactions only (2 agents/MLS listed – No private sales)
Both sales must be firm
No appraisal necessary for the sale property

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