Construction Lending


Mortgage Program
Property Types
Loan Amounts
Terms
Loan to Value Ratio
Purpose

Tier 1

Commercial, Shopping centres, Office buildings, Multi-family
$100,000 - $40,000,000
50% or greater
pre-leased / pre-sales
Up to 75% LTC
or LTV lending
Construction, Renovation, Repositioning

Tier 2

Commercial, Resort, Residential, Office buildings, Multi-family
$1,000,000 - no limit
40% pre-leased / pre-sales
Up to 90%
Construction, Renovation, Repositioning, Site Servicing

Tier 3

Commercial, Resort, Residential, Multi-family
$1,000,000 - $20,000,000
30% pre-sales
Up to 90%
Construction, Renovation
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