Lic#13069
LET’S CLOSE SOME DEALS!
PRIVATE
1st From
PRIVATE
2nd From
8.99% CLOSED
TO
11.99% OPEN
10.99%
TO
14.99%
UP TO
80% *
UP TO
85%
1st Mortgage
LTV: Up to 80% in Urban Markets and 70% in rural
Fee From: 3%
Term: 3 to 24 months
Payments: Interest Only
Qualification
No minimum beacon
No GDS/TDS
Laid Off OK
TRUE EQUITY LENDING
Submit your deals via Velocity or Filogix
Lender Type: Private
Lender: CAPL
2nd Mortgage
LTV: Up to 85% in Urban Markets and 70% in rural
Fee From: 3%
Term: 3 to 24 months
Payments: Interest Only
Qualification
No minimum beacon
No GDS/TDS
Laid Off OK
TRUE EQUITY LENDING
Submit your deals via Velocity or Filogix
Lender Type: Private
Lender: CAPL
Mortgage pricing is based on the following assumptions:
Deal must close in under 30 days. Quick Close
Mortgage amount is less than 1 Million. For mortgages above 1 Million please contact your underwriter.
Rates listed above are fixed.
Additional Premiums that may apply depending on your deal.
No student housing
Fully OPEN 1st mortgage option available to 65% (80% Ottawa)
11.99% rate 4% fee
14.00% rate 10% fee paying 2.5%
Min fee $2000
Major Urban Centres
Purchase or Refinance
Mortgages over $2M evaluated on a case-by-case basis
Quick turn around time on commitments
Quick Close OK
Thin credit & Income OK
No GDS/TDS calculations... ever!
Pay Out Arrears & Power Of Sales OK
White Label OK
No Commitment Fees, No Admin Fees
RESIDENTIAL ONLY - NO COMMERCIAL, MIXED USE
New Construction: Up To 80% LTV on appraised value
Agricultural to 55% LTV. (1st Only)
We value the FULL acreage on your rural and agricultural deals.
EXIT STRATEGY & PURPOSE OF FUNDS are paramount
Submit to underwriting Underwriting@caplfunds.ca
Application, Exit Strategy, Purpose of Funds,
Mortgage Statements, Property Tax Statements (appraisal if available)
Package For Success: We Can Get your Approval within 4 hours of full doc submission!
Canadian Administration of Private Lending #13069
203-100 Consilium place, Toronto Ont, M1H3E3