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
Recently Funded
Title of Heading
We collaborate as a team to provide quality customer service and creative financing options that meet our clients’ needs. Our devoted team works round-the-clock to deliver fast results.
Freedom Capital was founded in 2010. Today, we operate as one of the largest National brokerages solely dedicated to the alternative and commercial mortgage market in Canada. Our team of specialists have combined experience of over 35 years in the mortgage lending industry. Over the years, working in the industry we have seen banks and all other government regulated financial institutions eliminate programs and tighten their approval process. Freedom Capital recognized the need for alternative financing -for those individuals that require more diverse financial options.
Funded Project
Menu
Funded Mortgages
High-Rise Construction Financing
We arranged a $ 178M Construction Facility Loan to build a 46 Storey Residential/Commercial Tower. We were able to obtain 90% loan to cost. Funded within 1 month after approval. At competitive rates!
Mortgage Amount : $178,500,000.00
Finance for a Fast Growing Subdivision
Client was looking to build a large high end home and was short of construction funds. He needed to finish and flip as he had upcoming projects that needed equity. Due to the shortage in trades and higher cost of materials, we were able to obtain more funds to finish the construction and get funds for the next project.
Mortgage Amount : $1,700,000.00
Financing to Single Family Home Construction
Freedom Capital obtained sufficient funds for a 1st mortgage financing to complete the purchase & construction of a new single family home construction.
Mortgage Amount : $1,250,000.00
High End Luxury Home Financing
$5.5 Million high end luxury home financing. Client was looking for a new lender that would offer better renewal terms. Freedom Capital secured a lender with hassle free renewals with a minimal flat renewal fee.
Mortgage Amount : $5,000,000.00
Townhouse Construction
Local builder was looking to purchase a 41 unit townhouse site in an ever growing city. Client were looking for fast financing as the banks didn’t come through. We were able to obtain an approval within 48 hours. We are now working on obtaining a servicing and construction loan prior to presales being obtain. Another way, Freedom Capital gets the deal done.
Mortgage Amount : $20,575,000.00
From Land Assembly to Subdivision
Client was looking into invest in a land assembly project consist of 7 parcels. We were able to obtain financing for all seven parcels with different closing dates at competitive rates. After purchase was complete, we obtained servicing financing so client could presell their lots with an option to build. We take you from purchase to construction.
Mortgage Amount : $16,600,000.00
Closed in 3 days
$4 Million land and servicing loan funded in 3 days! The client’s local lender backed out at the last minute requesting presales. Same day approval.
Mortgage Amount : $4,000,000.00
Construction Foreclosure Rescue
High 75% loan-to-value construction foreclosure rescue on 2 homes! Builder had unforeseen cost overruns. This new refinance not only saved the client’s properties/equity but client will make more money in this current busy market
Mortgage Amount : $3,170,000.00
1 Day before Court sale!
Foreclosure Rescue! Client had only days left until a sale on his property was going to be presented at court. This was the absolute last chance to save his home. Freedom Capital obtained a fully open mortgage prepaid for one year.
Mortgage Amount : $450,000.00
Construction Funds
Clients are AAA with excellent 800 + beacons. Both earn over 400k per year collectively. Client runs a successful concrete supply business and in the construction industry. The client’s current principle home is for sale and will be using the proceeds for construction and pay down the current mortgages once construction is complete.
Mortgage Amount : $679,500.00
Take Out Financing Rescue
Client was facing delays at the city for their 16 unit Townhouse project and waiting for occupancy permit. Their construction was up for maturity but they only needed a few months to finish completing on sales. We were able to finance take out financing with open terms and a small discharge fee for each unit saving the clients thousands of dollars of renewal fees and discharge fees.
Mortgage Amount : $12,000,000.00