Flexible Lending Guidelines and Creative Financing

Whether you’re looking to finance the purchase of a revenue-producing property, develop an existing property, or are in need of bridge financing, the experienced team of underwriters and real estate specialists at Tri City Fund Management Ltd. and Interest Advantage Elite can help you structure a flexible, short-term loan to meet your business needs. Alternatively, they may be able to facilitate a loan at another, more appropriate lender with different lending guidelines. The brokers we work with have different areas of expertise from residential loans at major institutions to acquisition, development, bridge/interim, construction, mezzanine and subordinated debt.

Our general lending guidelines include:

Acquisition, bridge/interim, construction, take-out financing, mezzanine and subordinated debt

Mortgages originated primarily in the urban centers of B.C. and Alberta

Loan amounts of $250,000-$1.5 million

Amortizing or interest-only loans

3-24 month terms, up to 25-year amortization

Up to 75% loan-to-value (LTV) in-house and up to 85% with other MIC's and private parties.

Funding within 10 days on complete files

Who we lend to:

We lend to those who are self-employed, have income from non-Canadian sources, or who are in unique financial situation.

What we lend against:

In-house, we primarily lend against residential properties and do small amount of  commercial properties. With other lenders, we can arrange financing for a wider range of commercial properties, including industrial properties in major urban areas.

How to borrow from us:

Please submit your fund request to sandy@tricitygroup.ca

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Contact Us

Address
Suite 350 - 1201 Pender Street West Vancouver. B.C. V6E 2V2

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(604) 569-2015
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info@tricitygroup.ca
Working Hours
three o clock

Monday – Friday,
except holidays
09:00 – 17:00