Customized Construction Financing Solutions For Builders and Developers
Loan Financing Includes:
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For More Information Contact:
Supriti Thapa, Construction Loan Specialist Email: supriti@harbourmortgage.ca Cell: 647-828-4728 |
Construction Loans
- Customized financing solutions for ground up value add and re-development projects located within an infill site or a subdivision
- Asset class includes: Low Rise , Mid Rise, High Rise Single family Projects, Multi-Family Apartments, industrial and retail
- Minimal level of pre-sales or pre-leasing
- Speculative Build
Loan Parameters
- Loan Amount: up to $75,000,000
- Loan Terms: 1 to 3 years
- LTC: up to 90%
- Rates Starting at: 4.75% and up
- Locations: Urban areas across Canada
Land Loans
- Land Loans on Zoned Land, Serviced Lots and Land going through the entitlement process
- Ultimate conversion into Project/Construction Financing
Loan Parameters
- Loan Amount: up to $25,000,000
- Loan Terms: 1 to 2 years
- LTV: up to 75%
- Locations: Urban areas across Canada
Mezzanine Financing
- Harbour provides Mezzanine Financing where Additional Equity is required
- Project Cost Over-Runs
Loan Parameters
- Loan Amount: up to $500,000 and up
- Loan Terms: 1 to 3 years
- LTC: up to 90%
- Locations: Urban areas across Canada
Inventory Financing
- Harbour provides Inventory Loans on completed high rise condominiums and low rise single-family developments where construction financing is repaid.
Loan Parameters
- Loan Amount: up to $25,000,000
- Loan Terms: 1 to 2 years
- LTV: up to 80%
- Locations: Urban areas across Canada