3015 Discovery Street, Vancouver, BC V6R 3Y8 | Phone: 604-221-2322
Today's Rate [Feb, 09, 2012]
Prime Rate: 3.00%
GOC 5-yr Bond Yield: 2.358%
Prime Rate: 3.00%
GOC 5-yr Bond Yield: 2.358%
| Term | Our Rate | Bank Rate |
| 1 year closed | 2.75 | 3.50 | 2 year closed | 2.84 | 3.55 | 3 year closed | 2.99 | 4.05 | 4 year closed | 3.19 | 4.79 | 5 year closed | 3.25 | 5.29 | 7 year closed | 3.99 | 6.35 | 10 year closed | 4.49 | 6.75 | Vars.(5yrs) | P-0.20 | Prime | Vars.(5yrs open) | - | - | Line of Credit | P+0.50 | - |
New Purchase
Are you evaluating an investment opportunity in an income property? Is the building occupied or vacant? Does the property have established cash flow or does it need to be leased? What type of an asset is it – apartment, retail, office, industrial, urban, suburban, rural, or land? Financing commercial real estate can be considerably more complex, expensive, and time-consuming than residential properties. You need professional assistance. Contact us.
Refinancing
Switching commercial mortgage lenders can be expensive, requiring a new appraisal, environmental report, and payment of various fees, etc. But depending on the situation, it can be a worthwhile effort. We can help with the analysis.
Construction Loan
Many lenders will require some degree of pre-sales or pre-leasing to cover a portion of loan repayment. Speculative construction lenders, when they are available, will require higher loan pricing to compensate for elevated risk associated with development without sales or leasing prior to construction.
Second Mortgage
Where first mortgage financing cannot satisfy funding requirements for a project, a second mortgage can be available. Where this type of financing is prohibitively expensive, we will advise you with more sensible solutions.
Business Loan
Are you planning to purchase a business or expand an existing enterprise, but lacking capital and collateral security? Lack of a real estate asset to pledge as collateral security presents a difficulty in obtaining financing, but it is not impossible. With more than 20 years of commercial banking experience, we have a wealth of knowledge to draw from.
Call us today.
Are you evaluating an investment opportunity in an income property? Is the building occupied or vacant? Does the property have established cash flow or does it need to be leased? What type of an asset is it – apartment, retail, office, industrial, urban, suburban, rural, or land? Financing commercial real estate can be considerably more complex, expensive, and time-consuming than residential properties. You need professional assistance. Contact us.
Refinancing
Switching commercial mortgage lenders can be expensive, requiring a new appraisal, environmental report, and payment of various fees, etc. But depending on the situation, it can be a worthwhile effort. We can help with the analysis.
Construction Loan
Many lenders will require some degree of pre-sales or pre-leasing to cover a portion of loan repayment. Speculative construction lenders, when they are available, will require higher loan pricing to compensate for elevated risk associated with development without sales or leasing prior to construction.
Second Mortgage
Where first mortgage financing cannot satisfy funding requirements for a project, a second mortgage can be available. Where this type of financing is prohibitively expensive, we will advise you with more sensible solutions.
Business Loan
Are you planning to purchase a business or expand an existing enterprise, but lacking capital and collateral security? Lack of a real estate asset to pledge as collateral security presents a difficulty in obtaining financing, but it is not impossible. With more than 20 years of commercial banking experience, we have a wealth of knowledge to draw from.
Call us today.
TestimonialsThank you for your fast, excellent arrangement of my home financing. I was really amazed that you selected the right lender within a day of giving you the relevant information. My wife and son also express a deep thanks to you.
- J.T. Ryu, White Rock -