R. Mike Mullin, CPA, CGA - Licensed Commercial Mortgage Broker, throughout B.C.
Commercial Mortgages, Investment Mortgages, ICI Mortgages, Re-financing Mortgages, CMHC apartment building mortgage insurance
Multi-Family Mortgages, CMHC Multi-Family Mortgage Correspondent for Purchases, Re-financing & Construction Mortgages
Based on Vancouver Island, serving All of BC
Vancouver, Victoria, Nanaimo, Comox Valley, Courtenay. Comox, Port Alberni, Campbell River, Port McNeill, Port Hardy
Commercial Mortgage Broker, for both CMHC Insured & Conventional Mortgages, on Vancouver Island & throughout B.C.
Head Office: Mortgage Alliance Commercial, 200 - 205 Sheppard Ave., Toronto, ON M2J 5B4
Regional Office: Mortgage Alliance Commercial, 310 - 130 Brew Street, Port Moody, BC V3H 0E3
Copyright © 2014. R. Mike Mullin, CPA, CGA. All rights reserved.
Below is a small sampling of Mortgage Alliance Commercial's Recent Insured Mortgages Fundings Etc.
117 Residential Units & 2 Commercial Units, 1st Mortgage of $24,900.000,
Rate @ 3.50%, 10 Year Term, Amortization of 40 Years .(Feb 2019)
Construction Financing Available.
88 Residential Units & 1 Commercial Unit, Equity Take-Out Loan of $14,000,000, Rate @ 3,95%, Interest only, 24 Month Term .
Mortgage Loan $8,500,000, Market Value $10,341,000, Economic Value $10,380,000, Loan to Value @ 82.1% of Economic Value, Interest Rate @ 2.75%
Owner Occupied Properties, Minimum Down Payment of 15%, Interest Rates Start from 4.75% on a Term Loan
Inventory Financing for 25 Residential Units, Loan of $13,000,000, Rate @ 5.35%, 24 Month Term, Rate @ 5.35%
Land Financing, up to 65% Loan to Value