Creative Financing for Promising Projects
Most commercial properties qualify for conventional financing ranging from 60% – 75% of property value from institutional lenders. Borrowers wishing to use leverage beyond these levels must seek secondary or mezzanine mortgage financing from private funding sources. Private mortgage funds are also available to finance special situations and certain types of non-conforming properties.
Western Canada’s #1 Source
InstaFund Financial (Commercial) is the #1 source for private mortgage funds in Western Canada. We have arranged and funded 1st, 2nd, and 3rd private mortgages to achieve loan ratios up to 100% of project cost (with collateral security). Our mezzanine financing can be extremely creative with regard to loan terms and security to suit a borrower’s specific loan requirements.
Mezzanine and Special Financings
InstaFund Financial (Commercial) arranges mezzanine and special situation financing for qualified properties:
- 1st, 2nd, and 3rd mortgage Mezzanine Financing up to 100% of cost (with collateral security)
- Special situation financing including bridge loans, stand-by commitment letters, and foreclosure financing
- Emergency funding available to close within 24 hours
- Interest rates and fees determined on a case-by-case basis based on risk