Canadian Hard Money Lenders

We lend on short term basis on an investment properties.

Loan to value ratio shall not exceed 60%.

Provided all information is given, instant funding available.

Canadian Hard Money Lenders

A hard money loan received by a borrower, secured by the value of a parcel of real estate which is a specific type of asset-based loan..

A hard money loan received by a borrower, secured by the value of a parcel of real estate which is a specific type of asset-based loan.

Canadian Hard Money Lenders

Hardly ever a commercial bank or other deposit institution would issue hard money loans. In fact, they are typically issued at a much higher interest rates than conventional commercial or residential property loans. 

Hard money lenders offer short-term loans to quickly facilitate the purchase and renovation of residential and commercial properties.

The lender offers short-term fix-and-flip and bridge loans for single-family homes, multi-unit properties, apartments, and condos.

Hard money lenders typically issue loans based on the percentage of a property’s loan-to-value (LTV) ratio, after-repair-value (ARV), and sometimes a percentage of its loan-to-cost (LTC).

Properties in good condition typically receive a loan amount as a percentage of its purchase price, known as its LTV ratio. This is the case when long-term buy-and-hold investors either can’t qualify for a conventional mortgage or need quick financing to compete with all-cash buyers. After the property is purchased, investors fill their property with tenants before refinancing with a conventional mortgage.

Properties in poor condition usually receive a loan amount as a percentage of its expected fair market value (FMV) after repairs, known as its ARV ratio. This is the case when short-term rehabbers look to purchase, renovate, and sell a property within 12 months. It’s also the case when buy-and-hold investors seek to purchase and renovate a property before finding tenants and refinancing with a conventional mortgage.

To contact Us, you can email us at [email protected]

call us at 416-409-7300