General Residential and Vacant Land
| Max LTV | 75% |
| Lending Areas | GTA and cities in Ontario with a population over 100,000 |
| Beacon Score | Adjusted LTV if < 650 |
| Loan Amount | $50,000 and up |
| Income | Stated Income |
| GTS/TDS | Reasonable loan servicing ability |
| Term | 1 month to 12 months. (OPEN Terms Standard) |
| Amortization | Interest Only Standard |
| Loan Ranking | 1st and 2nd (3rd mortgage will be approved on a case by case basis) |
| Loan Purpose | Equity-Take-Out \ Refinance \ Purchase |
| Interest Rate | Contact your BDM for quote |
Construction Loan
| Max LTV | 70% on “As-Complete” value or 70% on reasonable construction cost whichever is lower |
| Lending Areas | GTA and surrounding areas |
| Beacon Score | Adjusted LTV if < 650 |
| Loan Amount | $50,000 and up |
| Income | Stated Income |
| GTS/TDS | Reasonable loan servicing ability |
| Term | 6 to 12 months. (OPEN Terms Standard) |
| Amortization | Interest Only Standard |
| Loan Ranking | 1st and 2nd |
| Interest Rate | Contact your BDM for quote |
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