Land Mortgages

First Circle Financial often provides financing on serviced single family building lots. Being construction specialists, land loans are second nature to us.

We can facilitate the acquisition of holding properties, as well as help your clients pull equity out of building lots.

Do you have clients that want to purchase a lot to build on, but don’t have their construction specs ready? We have a perfect loan structure for this. Ask us how we can tailor our land loans to help you structure prospect construction financing.

From time to time we have funds available for multi-family sites and single family subdivisions.

Land Product Features:

Starting Rate: See Rate Sheet
Starting Fee: 2.00% split
Max Loan: 55% LTV
Payments: Interest only
Term: Up to 12 months
Prepayment: Open

 

Broker Resources

Give Us a Shout!
604-986-3200
mortgages@firstcircle.ca