Recently Funded

Funded Mortgages

Recently Funded: Land Assembly for a Future Multi Family Development

Refinance for Land Assembly for a Future Multi Family Development

Worked several months with a client that was buying three lots for a land assembly for a future multi family development. They will hold onto to the property and generate income via Airbnb until they are in the advance stages of rezoning. We helped the client set up quick and easy funding. Once he establishes his income, he will refinance with the banks. Once rezoning is closer to completion, he will touch base on his land and construction financing needs.
We don’t talk about just today’s financing needs. We look at the whole picture – years from now.

Mortgage Amount : $1,121,000.00
1st Mortgage Land Purchase Financing

Land Purchase Financing

While vacant land is hard to find, sometimes financing for the land is hard to find too! Our client reached out to us, given it was difficult to obtain land financing due to the current market conditions. We reached out to our trusted lending sources and obtained a competitive offer for them in today’s market. The clients were able to close under a holding company with several partners. Next steps: working with the city on rezoning the project for a multi family construction.

Mortgage Amount : $2,145,000.00
Future Townhouse site

10 Unit Future Townhouse Land Purchase

Client was looking to complete on a 10 unit townhouse site. We were able to get them a high loan to value and help them move to the next phase of rezoning. But, it doesn’t stop there! We are already in talks for funds for servicing and construction.

Mortgage Amount : $1,143,750.00
competitive rates for a new mixed use bldg

Competitive Rates for Purchase for Mixed Use Building

Client had a pending closing on a rezoned property that was zoned for 3 Storey mixed used commercial/residential unit. A trusted realtor partner of ours had a pending closing and the banks were asking for tons of documentation and delaying the process. We were able to have an approval with competitive rates and provide advice for the next steps of the project while client started marketing the project.

We know land purchase financing and it doesn’t stop there, we help offer solutions for all types of commercial, multifamily properties!

Visit us at www.freedomcapital.com or call 1-866-944-7778 to learn more today.

*Some conditions apply

Mortgage Amount : $3,750,00.00
cobroker deal on a land purchase

Land Financing Using Our Expertise as A Cobroker

We have the best clients but we work with some awesome realtors and mortgage brokers. Our business partner, specialized in residential.  She had a client that needed funds for a development purchase. Project was at its final reading at the city as a 3 lot assembly and needed financing prior to construction for the purchase. We placed land financing with open terms within a week.  But that’s not all.  Once rezoning is complete, we are working on the construction of 6 Storey apartment building.

We take you from land purchase, rezoning then construction.

Mortgage Amount : $1,200,000.00
100% financing within 48 hours

100% Commercial Financing within 48 hours

Client needed an approval on his income generating purchase of a commercial within a week. We needed to use equity on his other commercial properties to obtain 100% financing for this purchase. We order 4 appraisals which were finished within a week.  We had an approval for 100% FINANCING within 48 hours.

We know you need to know asap if financing is approved!

Mortgage Amount : $5,500,000.00
commercial plaza financing

Large Equity Take out for Commercial Plaza

Large $2M equity take-out over a commercial plaza. Clients saw the opportunity to further invest in real estate. They leveraged existing equity to continue growing their assets and make money.

Mortgage Amount : $ 2,000,000.00
Competitive Rate for 6 Storey Rental Building

Competitive Rate for 6 Storey Rental Building

Client was looking for a better 1st mortgage rate along with extra funds over his rental apartment building. Due to Covid tenants were not up to date with rental payments and client was struggling to keep up with mortgage payments. Freedom Capital secured a new $3.1 Million loan at a 2% lower rate with additional funds to cover mortgage payments for 8 months.

Mortgage Amount : $3,100,000.00
8 Storey Office Building Commercial Financing

8 Storey Office Building Commercial Financing

$50 Million Term Loan for a newly constructed rental office building. Client was near completion of his $75 Million 8 storey office building and looking to refinance his construction loan with additional funds to give the client time to secure leases and cover the costs of tenant improvements without requiring any further equity injection.

Mortgage Amount : $50,000,000.00
equity take out funded in 48 hours!

Equity Take Out Funded in 48 hours! For Completion of Construction Financing

Equity take out funded in 48 hours!  Client needed money to complete a construction project. He provided his own personal residence property and Freedom Capital was able to secure a hassle-free 2nd mortgage giving the client access to his equity. Client will be able to pay this 2nd mortgage off penalty-free once he completes and sells his project

Mortgage Amount : $ 355,000.00
Financed For a High End Home

Single Family Construction Refinance due to Unexpected Construction Costs

Our client was in progress of building their dream home. They were already 6 months into the process when unexpected costs of the construction started piling. They assumed their current construction mortgage would cover the overruns but quickly ended up needing more funds. We worked with a reputable appraiser, and received top value for their home. We leveraged the sweat equity and cash equity in their build and got them enough funds to cover the overruns and a few extras!

We help you complete your project, even when some surprises come your way.

Mortgage Amount : $350,000.00
small town construction

Spec Home Construction Financing with High Loan to Values

Small town construction? No problem, we’ve got you covered! Freedom Capital was able to finance 70% loan to cost for a construction of a spec home located in Prince George. This freed up clients equity for a new investment opportunity

Mortgage Amount : $457,600.00
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