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
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!
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.
Freedom Capital obtained sufficient funds for a 1st mortgage financing to complete the purchase & construction of a new single family home construction.
$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.
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.
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.
$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.
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
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.
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.
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.
#104-15272 Croydon Drive
Surrey, BC V3Z 0Z5
BCFSA # X029834
Phone: 604-998-8898
Disclosure : Applying for a mortgage does not guarantee approval for the mortgage. No Upfront fee is applicable for the mortgage however processing Fees may apply. APR can vary depending on mortgage amount.
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