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Cameron Stephens | 2017 Product Summary www.cameronstephens.com
*Prices subject to Prime Rate at the date of the transaction. Prime subject to change.
TERM FINANCING & COMMERCIAL MORTGAGES Cameron Stephens lends to borrowers to provide financing for income-producing properties.
TERMS* : LOAN AMOUNTS:
LOAN AMOUNT$6,600,000 (staged advances to allow for construction of gas station)
RATE 5 year GOC (+ 2.25%)
TERM 5 years
LOAN-TO-VALUE 70%
SHORT TERM
5.00% - 8.00%(INTEREST ONLY
OR 15 YEAR AMORTIZATION)
5 YEARS
GOC + 1.80% - 3.00% (20 TO 25 YEAR AMORTIZATION)
10 YEARS
GOC + 2.00% - 3.00% (25 TO 30 YEAR AMORTIZATION)
TERM PRICING RANGELOAN AMOUNTS FROM
50% to 85%loan-to-value
DEBT SERVICE COVERAGE RATIO
1.00x and up
MULTI-FAMILYRESIDENTIAL
INDUSTRIAL RETAIL OFFICE
Financing available for:
Case Study Commercial Plaza London, ON
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