Bespoke Mortgages
At GCMIC, we understand that no two properties or borrowers are the same. Designing a mortgage to meet your specific needs, can require as much careful customization as tailoring fine formal wear. Lending on all property types, we offer one of the broadest suite of flexible options and terms in the country, to help you and your property look your best. We make even the hardest deals look easy.
Property Type
All property types, including:
LAND: raw land, subdivisions, urban infill, pre-rezoning, during-rezoning, rezoned.
CONSTRUCTION: single-family, multi-family (rental apartments, condominiums), housing subdivisions, commercial, retail, office, industrial, hospitality, mixed-use, special purpose.
RESIDENTIAL: single-family (owner-occupied, rental), multi-family (rental apartments, condominiums), recreational, lakefront.
COMMERCIAL: retail, office (all classes), industrial, hospitality, seniors housing, farmland, storage, special purpose.
PROJECTS: acquisition, bridge, development (rezoning phase, construction), renovation, re-positioning, stabilization, senior position take-outs, portfolio lending, residential inventory.
Loan Amount
$500,000 to $100,000,000+
Position
First, second, third and further subordinate; A/B and A/B/C participation.
Term-to-Maturity
6 months to 5 years; typically includes flexible renewal and repayment options.
Use of Proceeds
Flexible, equity withdrawals available.
Mortgage Rate
Rates starting from Prime + 2%; amortizing or interest-only mortgages; adjustable-rate and participating mortgages.
Collateral Security
Both guaranteed and non-recourse available.
Timing
GCMIC considers itself an industry leader in providing speedy underwriting with quick closings.
Lending Region
Canada and the U.S.A.
We understand the complex needs of non-bank borrowers, including asset managers, developers, rental property investors, and subprime borrowers. Simply put - we get deals done that other lenders cannot.
Mortgage Professionals
We work closely with our valued mortgage brokers, real estate agents, lawyer referrers, and co-lenders to ensure that their clients are provided the highest level of professional and ethical service. We are open to all mortgage broker/agent or lawyer referrals, syndications, A/B and A/B/C structures, and co-lending opportunities.
Borrowers
To start your loan application process or for any other inquiries please do not hesitate to have your mortgage broker or lawyer contact us right now. Or contact us directly and we can connect you with a mortgage professional. We are committed to replying to all inquiries in a timely manner.