Mortgage Programs For Mortgage Brokers 1st mortgage financing starting at 5.49% and 2nd mortgage financing now available! Is your client in need of cash for business or personal reasons? Our remote capabilities enable us to take care of your client’s mortgage needs whenever and wherever you need us. If your client is looking to generate cash for their personal or business needs, we can help. Our remote capabilities enable us to take care of your client’s financing and cash flow needs - anytime and anywhere. |
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1ST MORTGAGE FINANCING PROGRAM |
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Type Rates LTV Fees Amounts Terms Payments
| 1st Mortgage 5.49% to 7.99% < 50% to 80%* 2 - 3% $50K - $1M+ 6, 12 or 24 months Payments Prepayments from 3 to 12 months available |
• No minimum beacon score • Rates and fees subject to credit, income & property condition • Borrower to provide evidence of reasonable historical income • Employees currently laid off can still qualify • First mortgages available up to 80%* in urban markets and 70%* in smaller towns |
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2ND MORTGAGE FINANCING PROGRAM |
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Type Rates LTV Fees Amounts Terms Payments
| 2nd Mortgage 6.99% to 12.99% < 50% to 80%* 3 – 5% (depending on LTV / Risk) $50K - $1M+ 6 or 12 months Payments Prepayments from 3 to 12 months available |
• No minimum beacon score • Rates and fees subject to credit, income & property condition • Borrower to provide evidence of reasonable historical income • Employees currently laid off can still qualify • Second mortgages available up to 80%* in urban markets and 75%* in smaller towns
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*+5% available case-by-case |
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Submit your deal via Filogix (Lender Type: Private Lender: Canadian Mortgages Inc.) Remote legal closing, no need to travel or meet in person Remote, contactless appraisals are also now available. Contact us for an approved list before ordering. |
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