SPECTRUM FINANCE SOLUTIONS
Our Finance department is managed by Mortgage Transit, Mortgage Transit Inc. (MTI).
MTI is a leading mortgage brokerage firm, offering seamless solutions for all of your mortgage needs. Whether you want to buy a new home, set up a business, or even refinance an existing loan or mortgage, we offer you the perfect solution to cater to your specific requirement. Collaboration of Spectrum and MTI is creating a great opportunity for the home builders and property owners who are looking for construction or any type of loans related to the construction and development of their properties.
With access to different lenders We provide Construction Loans From $20,000 to $20,000,000 for …
- Land Purchase
- Site Development
- Building Construction
We welcome builders, developers, buyers, and home owners seeking construction financing for construction projects in Southwestern Ontario.
Though there are a lot of different types of loans that I fund, ground-up construction and rehab financing is my specialty. We are becoming more and more competitive! Please contact me with your scenarios!
Fix and Flip:
Leverage: funding up to 90% of the total budget and cost to complete.
Rate: starting From 7.75% depends on builder’s experience
Leverage: funding up to 75% to 80% of the total budget and cost to complete.
Rate: starting From 9.5% depends on builder’s experience.
Multifamily Value-Add or Acquisition:
Leverage: funding up to 80% to 85% of the total budget and cost to complete.
Rate: Starting from 8.5% depends on builder’s experience.
Leverage: We can finance up to 100% of the total cost.
Rate: From 8.5% depends on builder’s experience.