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.
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
We lend to those who are self-employed, have income from non-Canadian sources, or who are in unique financial situation.
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.
Please submit your fund request to sandy@tricitygroup.ca
Address
Suite 350 - 1201 Pender Street West Vancouver. B.C. V6E 2V2
Monday – Friday,
except holidays
09:00 – 17:00