We arranged a $ 178M Construction Facility Loan to build a 46 Storey Residential/Commercial Tower. We were able to obtain 90% loan to cost. Funded within 1 month after approval. At competitive rates!
We Are Specialists in
Our unique products cater to those borrowers who do not fit into today’s conventional financing box, from single family homes to multi-million-dollar investment and construction financing. Our sole focus is delivering fast and easy access to money, even to the most challenging of cases.
Freedom Capital is a full-service Commercial Brokerage specializing in Commercial & Alternative financing options. We thrive in creatively structuring mortgages that are outside the stringent parameters of your typical banks. Whether it's a higher mortgage amount, an equity takeout or simply needing an approval!
Quick and Easy Approval for 41 Unit Townhouse Construction Financing
Local builder was looking to purchase a 41 unit townhouse site in an ever growing city. Client were looking for fast financing as the banks didn’t come through. We were able to obtain an approval within 48 hours. We are now working on obtaining a servicing and construction loan prior to presales being obtain. Another way, Freedom Capital gets the deal done.
Construction Financing for Land Assembly Project for 58 Lot Subdivision
Client was looking into invest in a land assembly project consist of 7 parcels. We were able to obtain financing for all seven parcels with different closing dates at competitive rates. After purchase was complete, we obtained servicing financing so client could presell their lots with an option to build. We take you from purchase to construction.
Land and Servicing Financing
$18.5M Loan Funded! Large high rise site, repeat clients required the next stage in financing. We refinanced the land to provide interim financing with additional funds to cover the servicing costs until they have the presales in place for the construction financing.
Clients obtain rezoning approval but needed funds to finish servicing and build 23 homes. Clients needed a servicing loan and construction so they could start presales. We were able to obtain financing for 100% of servicing costs and 80% Loan to Cost for the builds with no further equity required!
8 Storey Office Building Commercial Financing
$50 Million Term Loan for a newly constructed rental office building. Client was near completion of his $75 Million 8 storey office building and looking to refinance his construction loan with additional funds to give the client time to secure leases and cover the costs of tenant improvements without requiring any further equity injection.
16 Unit Townhouse Take out Financing for Near Occupancy Construction Project
Client was facing delays at the city for their 16 unit Townhouse project and waiting for occupancy permit. Their construction was up for maturity but they only needed a few months to finish completing on sales. We were able to finance take out financing with open terms and a small discharge fee for each unit saving the clients thousands of dollars of renewal fees and discharge fees.
- Click ‘Apply Now’ and fill out the short application form.
- A mortgage specialist will contact you to determine if you are a canditate for financing.
- We will email you a list of items we need for your potential approval. You then upload your documents to our secure portal.
- Upon receiving a successful approval, Freedom Capital provides a no obligation mortgage offer.
- Review and sign the mortgage offer that works for you.
- Sign the legal documents for your mortgage offer at the lawyer of your choice.
- Obtain the funds to successfully complete your transaction.
OUR CLIENTS ARE AMAZING!
WE LOVE TO HEAR WHAT THEY SAY ABOUT OUR SERVICES.
- Details of the development site – location, value, the purchase price
- Development appraisal
- Development costs
- Details of the planning permission – what does the site have planning for and what are you planning to build
- Details of all the applicants, if a limited company then details about the directors:
- Asset and Liability Statement for all applicants and company
- Experience with previous development
- Development and Marketing team details
- Company Structure
Talk To Your Skilled Acquisition and Development Financing Mortgage Solution Provider
If you decide to venture into a development project, don’t leave it to chance. If you are having trouble arranging financing, talk to a professional and experienced mortgage solution provider like Freedom Capital. We will do our best to assist you in finding the right kind of mortgage for your development property.