Commercial
Commercial Mortgage Program
BC & Alberta Urban Centres only.
Fisgard is seeking commercial mortgages up to $5,000,000
We will consider application on the following property types:
- Retail Centres
- Office
- Mixed Use
- Fully Tenanted Industrial
- Condo Inventory
- Lot Inventory
- Hospitality properties
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THE DETAILS
| Loan Amount: |
up to $5,000,000 |
| Mortgage Positions: |
1st
Mezzanine financing available on exception |
| Loan to Value: |
up to 75% |
| Interest Rates: |
starting at 7% |
| Mortgage Term: |
up to 2yr, open or closed |
| Prepayment Penalty: |
standard 3 months interest on closed term |
| Lender Fee: |
from 2% |
Experience
Our experienced commercial underwriting team is here to assist borrowers that require specialized knowledge in construction, development, and inventory financing. We also consider multi-family construction and land development loans.