• Lending Areas: Quebec and Ontario
  • Loan Amount: From $100,000 to $4 million
  • Term: From 6 months to 2 years
  • Amortization: Interest only or flexible amortization
  • Interest Rate: Varies - depends on circumstances
  • fees: Varies - depends on circumstances
  • Second Mortgages: Yes
  • Payment Frequency: Monthly - in some cases loan can include interest prepayment.
  • Loan to Value: Up to 75% on residential properties and 65% on other classes of properties.
  • Appraisals: Normally required. Alternatively, we may consider an existing appraisal or may visit the property in person.
 

Castleton Financial will consider financing the following classes of properties:

RESIDENTIAL  •  COMMERCIAL  •  SEMI-COMMERCIAL  •  MULTI-UNIT RESIDENTIAL  •  
VACANT LAND  •  CONSTRUCTION COMPLETION PROJECTS  •  INDUSTRIAL  •  
PLAZAS AND SHOPPING CENTERS  •  MULTI-FAMILY RESIDENTIAL  •  
CONDOMINIUM CONVERSION PROJECTS