Loan to Value
Foremost will finance up to 75% of Land Value plus 100% of hard Construction Costs.
Lenders Fee
Starting from 1.5% of total loan amount.
Prepayment Priviliges
Open in whole or in part.
Repayment
Payments are calculated on a Interest Only basis.
Loan Amounts
$500,000 to $5,000,000
*Note: Rates and terms are subject to change without notice.
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Lending Area
The Greater Toronto Area: Burlington to Bowmanville, north to Barrie.
Other urban centers considered on an exception basis.
Contact Information:
Questions, answers & deals reviewed please contact:
Paul Rayment ext. 288 paul.rayment@foremost-financial.com
Ivan Stone ext. 222 istone@foremost-financial.com
Tim Bankier ext. 205 tim@foremost-financial.com
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