Presentation is loading. Please wait.

Presentation is loading. Please wait.

Types of Mortgages Conventional Mortgages – firsts, seconds & even thirds Conventional Mortgages – firsts, seconds & even thirds CMHC Insured Mortgages.

Similar presentations


Presentation on theme: "Types of Mortgages Conventional Mortgages – firsts, seconds & even thirds Conventional Mortgages – firsts, seconds & even thirds CMHC Insured Mortgages."— Presentation transcript:

1

2 Types of Mortgages Conventional Mortgages – firsts, seconds & even thirds Conventional Mortgages – firsts, seconds & even thirds CMHC Insured Mortgages CMHC Insured Mortgages Private Mortgages – firsts & seconds Private Mortgages – firsts & seconds Mortgages Loaned on 7 Main Asset Classes (details to follow) Mortgages Loaned on 7 Main Asset Classes (details to follow) Mortgages Ranging Between $250,000 and $100 million Mortgages Ranging Between $250,000 and $100 million

3 Asset Class #1 Multi-family Rental units larger than 6 units Rental units larger than 6 units Both conventional and CMHC insured Both conventional and CMHC insured Dominion Commercial has CMHC lender status, allowing us to apply directly to CMHC as a lender and negotiate a term that is in clients’ favour. Rates for CMHC insured mortgages range from approximately 2.30% to 2.40% for a 5-year term Dominion Commercial has CMHC lender status, allowing us to apply directly to CMHC as a lender and negotiate a term that is in clients’ favour. Rates for CMHC insured mortgages range from approximately 2.30% to 2.40% for a 5-year term

4 Recent Project Apartment Building in Lethbridge, AB Apartment Building in Lethbridge, AB 137 units, $8,500,000 loan, CMHC insured 137 units, $8,500,000 loan, CMHC insured

5 Asset Class #2 Industrial Properties From small strata/condo warehouse units to trucking depots, manufacturing facilities, banquet halls and large distribution centres – and beyond From small strata/condo warehouse units to trucking depots, manufacturing facilities, banquet halls and large distribution centres – and beyond Long-term conventional financing and short- term acquisition loans Long-term conventional financing and short- term acquisition loans

6 Recent Project Older Industrial Building to be Converted to Industrial Condo Older Industrial Building to be Converted to Industrial Condo Toronto, ON Toronto, ON $7,385,000 loan $7,385,000 loan

7 Asset Class #3 Office Small strata/condo office unit to a large office tower Small strata/condo office unit to a large office tower Can be development finance, purchase finance or a refinance Can be development finance, purchase finance or a refinance

8 Recent Project Office Building Office Building Kitchener, ON Kitchener, ON $1,750,000 loan $1,750,000 loan

9 Recent Project Office Building Office Building – Calgary, AB First mortgage and mezzanine debt First mortgage and mezzanine debt $26,000,000 loan $26,000,000 loan

10 Asset Class #4 Nursing Homes and Care Facilities Both fund by Conventional and CMHC insured sources Both fund by Conventional and CMHC insured sources Large congregate care to small assisted living facilities Large congregate care to small assisted living facilities

11 Recent Project Nursing Home Nursing Home North Vancouver, BC North Vancouver, BC $29,000,000 loan $29,000,000 loan

12 Asset Class #5 Retail Shopping centres and plazas to single tenant retail Shopping centres and plazas to single tenant retail

13 Recent Project Retail Plaza in Kitchener, ON Retail Plaza in Kitchener, ON $1,650,000 loan $1,650,000 loan

14 Asset Class #6 Hotel Financing Acquisition financing Acquisition financing Long-term and short-term financing Long-term and short-term financing Flagged and un-flagged hotels Flagged and un-flagged hotels Small privately-run hotels to large flagged institutional hotels Small privately-run hotels to large flagged institutional hotels

15 Recent Project Hotel (Kelowna Comfort Inn) in Kelowna, BC Hotel (Kelowna Comfort Inn) in Kelowna, BC $5,250,000 loan $5,250,000 loan

16 Asset Class #7 Development Financing Conventional and private financing Conventional and private financing All asset classes All asset classes $250,000 to $100 million $250,000 to $100 million

17 Recent Project Development Development Richmond, BC Richmond, BC $12,500,000 loan $12,500,000 loan Construction first mortgage Construction first mortgage Mezzanine debt Mezzanine debt

18 Contact Information Angela Calla, AMP Tel: 604-802-3983 Fax: 604-939-8795 Email: acalla@dominionlending.ca Website: www.angelacalla.ca


Download ppt "Types of Mortgages Conventional Mortgages – firsts, seconds & even thirds Conventional Mortgages – firsts, seconds & even thirds CMHC Insured Mortgages."

Similar presentations


Ads by Google