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Reliable. Creative. Flexible.
Choose a lender who thinks outside the box and delivers required results.


Subordinate Debt


Second Mortgages on Income Producing Properties

A second mortgage on an income producing property can be arranged for:

  • Acquisitions
  • Equity withdrawals
  • Bridge to mortgage refinancing

Loan Parameters
  • Loan Amount: $500,000 to $10,000,000
  • Loan Terms: 1 to 5 years
  • LTV: up to 85%
  • Locations: Urban areas across Canada

Mezzanine Loans for Development Projects

To facilitate the progress of your development project, Harbour Mortgage Corp. provides mezzanine loans when:

  • The borrower requires additional equity to secure a construction loan from a bank
  • Presale or preleasing is not sufficient to obtain a full construction loan from a bank
  • Additional equity is required during construction, for cost overruns or equity withdrawals

Loan Parameters
  • Loan Amount: $500,000 to $10,000,000
  • Loan Terms: 1 to 3 years
  • LTC: up to 85%
  • Locations: Urban areas across Canada

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