Geographic lending areas – most urban centres and extended area’s in Ontario's Cottage Country, loan to value will be adjusted for rural properties.

Income – Must be working or pensioned, self employed self declared income accepted, job letter/paystub/T1 may be required, self employed: business license-articles of incorporation required

GDS/TDS – case by case, must be able to support payments

Credit history – R9’s, judgements, collections, liens, bankruptcy must be discharged, will payoff open consumer proposal, property tax arrears, mortgage arrears accepted

Bridge Financing - short term financing to bridge the gap between the purchase of a property and the selling/closing on another property, usually used for required down payment.

Short Term Situation Financing – Used in those situation’s where a debt may need to be paid prior to a closing to help a borrower secure financing already approved and final ledger in place showing surplus to repay the debt. ie: delinquent property taxes, past income tax, credit collection or judgement. 

Additional collateral accepted, every deal is reviewed on it’s own merits and priced accordingly on a case by case basis, programs are subject to change without prior written notice.


          For more information on programs and funding contact our Lending Specialists