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Mortgage Types » Commercial Mortgages

We Specialize in Hard to Place Commercial Mortgages

COMMERCIAL MORTGAGES

Getting a commercial mortgage can be a long and drawn out process. The traditional lenders require an inordinate amount of paper work, calculations and lots of red tape. Certain loan limits must be approved by a committee and time frame to gain loan approval can take up to 3–4 weeks.

Our loan structuring is quite flexible and we try to eliminate the red tape and lengthy delays in order to get right to the “bottom line”.

  1. Assess the value of the property.

  2. Assess the marketability of the property.

  3. Assess the loan amount requested by the property value.

  4. Grant the approval.

We do not base the loan criteria on

  • Length of leases or minimum debt service ratios.
  • Credit worthiness of the borrower.

Contact us and learn how we can be of assistance in your situation.

We can provide first, second or third mortgages.

You can borrow for reasons such as purchases, refinances, retrofit, capital improvements, condo conversions, reserve fund contributions, and more.

We can provide financing in most locations in Ontario and have flexible loan to value debt service ratios.

As a result our commercial loans are quite flexible and can be structured to fit your needs.


Put us to work for you!


COMMERCIAL

New Haven provides commercial mortgage loans Ontario wide. Loans start from $20,000 to $5 million. We specialize in small storefronts with apartments above (multi use) and all single and multi purpose commercial uses. We also finance commercial condominiums and we can finance older and newer construction.


INDUSTRIAL

New Haven provides industrial mortgage loans Ontario wide. Loans start from $20,000 to $5 million. We finance single purpose and multi-tenant buildings. We also finance industrial condominiums.


APARTMENT BUILDINGS

We finance from single family residential properties to 200 suite buildings or greater.




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