Lending Matrix - Keep Capital Ltd.

1. The Basic's

2. Short Term Loans

First and second residential mortgages to 75%.
1 year with an option for renewal
Preference given to properties 25km from a population of 100k.
50K to $3M possible. Larger loans must be urban
Blankets possible
Open mortgages available

First and Second Mortgages up to 75% LTV

As short as a week - as long as you need
Open mortgages

3. Bridge Financing

We can bridge purchase where there is no sale

1st on the purchase property - 2nd on the selling property
We can bridge 100% of purchase price provided overall equity is below 75% - though we like to see the buyer with some "skin in the game."

4. Bespoke Mortgage

These are the customized deals.
Blankets, commercial properties, rentals - deals where we need to understand what is happening and what the exit strategy is.
75% LTV max over all properties.
For example: One mortgage over 3 multi residential properties, one commercial plus the principal residence in order to take out equity for a business.

5. Small Commercial Equity Lending (Under $5.0M)
Email : [email protected]

6. 65% LTV - Unique files/properties

75% maximum
Rates vary based on type of property
No rural commercial
Exit strategy is a MUST
Properties/business should be able to service debt.

1 year terms
Prepaid interest ONLY
Unique properties - eg Island, land, cottage, commercial,
Up to $1.5M
11-13% Rate and 2.5-3.5% Fee
Send deals profile to [email protected]

NEW - In-fill Construction financing
Pricing = Prime + 3-4%
Fees - 3-4%

Our funding vehicle is a $110M+ MORTGAGE MUTUAL FUND that can fund quickly, plus our Investor partners will fund in less than 24 hrs if the deal makes sense

Rates

Rates start at 9.24% for 1st's and 12% for 2nd's. LTV dependant. Open options available.

Fees

Start at 2.5% - Normally not higher than 3%

Speed

We can have funds at the lawyer's office within 24 hours!

Requirements

1. Application and bureau

2. Appraisal (if available)

3. Exit Strategy - How will you refinance?

We Rarely Do

Land deals - unless there is other collateral

We Don't Do

Mortgages already in POS (We aren't taking over a problem file)
Properties that don't show "pride of ownership"

Interested? Get in Touch