The Gold Program
|
First Mortgages |
Second / Third Mortgages |
|
|
Loan to Value |
Up to 85% LTV | Up to 85% LTV |
|
Interest Rates |
6.99% - 9.99% |
10.99% - 12.99% |
|
Commitment Fees |
Starting at 2% |
Starting at 2% |
|
Terms |
12 Months |
12 Months |
|
Income Verification |
N/A |
N/A |
|
Minimum Credit Score |
N/A |
N/A |
|
Deal Sizes |
10K – 2 Million |
10K – 2 Million |
|
Property Types |
Residential, Multi-family, Land (Raw or Serviced), Rentals |
Residential, Multi-family, Land (Raw or Serviced), Rentals |
|
Lending Areas |
Major Urban Centres and Small Towns |
Major Urban Centres and Small Towns |
The Platinum Program
|
First Mortgages |
Second / Third Mortgages |
|
|
Loan to Value |
Up to 75% LTV | Up to 75% LTV |
|
Interest Rates |
6.99% - 9.99% |
10.99% - 12.99% |
|
Commitment Fees |
Starting at 1% (Min. $1,500.00)
|
Starting at 1% (Min. $1,500.00) |
|
Terms |
12 Months |
12 Months |
|
Income Verification |
N/A |
N/A |
|
Minimum Credit Score |
N/A |
N/A |
|
Deal Sizes |
25K – 2 Million |
25K – 2 Million |
|
Property Types |
Residential, Multi-family, Land (Raw or Serviced), Rentals |
Residential, Multi-family, Land (Raw or Serviced), Rentals |
|
Lending Areas |
Major Urban Centres Only |
Major Urban Centres Only |
|
The mortgage life insurance under Mortgage Protection Plan offers you the most flexible, supportive and cost effective life insurance option available to Canadians. |
|
Looking for construction financing? At DFI, we can put together a financing package that meet your needs. |
| Industry Associations | |
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