Mortgage lending solutions that meet your needs
Asset classes and types of projects that we lend to
What is the process involved in obtaining a mortgage loan?
Describe your situation
Reach out to our team either by phone or email to describe your mortgage requirements: purpose of the loan, loan amount, financing timeline, and where you currently are with the project.
Submit preliminary documentation
Review Your Options
Discuss any unique issues
Reach a Conclusion
Execute the Commitment
Complete Legal Implementation
Gain access to your loan
Our lending guidelines
- 01
Loan to Value
- Multi-family Construction: Up to 80% LTV
- Home Construction / Renovation: Up to 80% LTV
- Land for Redevelopment: Up to 65% LTV
- Home Purchase / Refinance: Up to 85% LTV
- 02
Geography
- A reasonable population of the city or township
- Demonstrated resale market for the product
- 03
Exit Strategy
- 04
Borrower
- Ability to bring project to completion and achieve exit strategy
- Satisfactory covenant to finance cost over-runs, should they occur
What loan terms can you expect from us?
Loan Amounts
Our loans typically are in the range of $500,000 to $15,000,000. Loans of higher or lower amount will be evaluated on a case-by-case basis.
Interest Rates
Interest rate is evaluated on a case-by-case basis depending on associated project risk. Our interest rates tend to fall in the range of 4.5% to 10%. Subject to changes in bank prime lending rates.
Term
A loan term will typically range between 6 and 24 months
Additional
For projects that have high loan-to-value, we often structure additional security as collateral charge(s) to make the loan viable
Featured mortgage loans
Why Morrison Financial?
$1,500,000,000
We have financed over 750 deals. Whether large or small loans, we work with you to complete your transaction.
Quick response
Our team is available to discuss your needs inside and outside of regular working ours. We provide feedback and responses 7 days a week.
Team approach
We understand that no two mortgage loan situations are alike. We work with you to identify your optimal financial structure.
Let us help you get started
Determing what your next step is can be complicated. We are here to help assist you in evaluating what mortgage solution works best for your or your client.
Mortgage FAQS
As a borrower you may have many questions. Read more of our frequently asked questions or reach out today to speak with a finance professional.
