EvCorp Capital Lending Programs

For more information or to submit an application, please contact credit@evcorpcapital.ca.

 

EvCorp Commercial

The EvCorp Commercial lending program is designed for purchase, refinance, and equity take-out of approved commercial properties.

  • Maximum LTV: 75%
  • Mortgage Position: First and Second Mortgages
  • Terms Available: 6 month, 12 month, 24 month
  • Maximum Amortization: 10 years
  • Repayment Terms: Interest only and Blended Principal+Interest
  • Mortgage Rate: Deal specific
  • Minimum mortgage: $150,000
  • Property Location: All locations in BC, Alberta, Saskatchewan, Manitoba, and Ontario will be considered
  • Property Types: Multi-family, retail, office, light industrial, and industrial
  • Credit: Individual and corporate credit history will be considered; corporate and/or personal guarantees may be required.
  • Commitment Fee: TBD
  • Lender Fee: TBD
  • Broker Fee: TBD by broker

 

EvCorp Construction

The EvCorp Construction lending program is designed for purchase, refinance, and equity take-out of approved commercial properties.

  • Maximum LTV: 80% of cost to complete
  • Mortgage Position: First and Second Mortgages
  • Terms Available: 6 month, 12 month, 24 month
  • Maximum Amortization: 10 years
  • Repayment Terms: Interest only and Blended Principal+Interest
  • Mortgage Rate: Deal specific
  • Minimum mortgage: $150,000
  • Draw Schedule: Flexible
  • Property Location: All locations in BC, Alberta, Saskatchewan, Manitoba, and Ontario will be considered
  • Credit: Individual and corporate credit history will be considered; corporate and/or personal guarantees may be required.
  • Note: New Home Warranty coverage required
  • Commitment Fee: TBD
  • Lender Fee: TBD
  • Broker Fee: TBD by broker

 

EvCorp Residential

The EvCorp Residential lending program is designed for purchase, refinance, and equity take-out of approved residential properties.

  • Maximum LTV: 75%
  • Mortgage Position: First and Second Mortgages
  • Term: 6 month, 12 month, 24 month
  • Maximum Amortization: 10 years
  • Repayment Terms: Interest only and Blended Principal+Interest
  • Mortgage Rate: Deal specific
  • Minimum mortgage: $150,000
  • Property Location: All locations in BC, Alberta, Saskatchewan, Manitoba, and Ontario will be considered
  • Credit: Individual credit history will be considered; guarantors and/or co-signers may be required.
  • Commitment Fee: TBD
  • Lender Fee: TBD
  • Broker Fee: TBD by broker

 

EvCorp Land Purchase

The EvCorp Land Purchase program is designed for developers and investment firms to acquire land.

  • Maximum LTV: 50%
  • Mortgage Position: First Mortgages only
  • Term: 6 month, 12 month, 24 month
  • Maximum Amortization: 10 years
  • Repayment Terms: Interest only and Blended Principal+Interest
  • Mortgage Rate: Deal specific
  • Minimum mortgage: $150,000
  • Property Location: All locations in BC, Alberta, Saskatchewan, Manitoba, and Ontario will be considered
  • Zoning: Residential, Commercial, Industrial
  • Credit: Individual and corporate credit history will be considered; corporate and/or personal guarantees may be required.
  • Commitment Fee: TBD
  • Lender Fee: TBD
  • Broker Fee: TBD by broker

 

EvCorp Land Development

The EvCorp Land Development lending program is for land and property developers to obtain the financing they need at various stages of development.

  • Maximum LTV: 100% of servicing costs
  • Mortgage Position: First Mortgages only
  • Term: 6 month, 12 month, 24 month
  • Maximum Amortization: 10 years
  • Repayment Terms: Interest only and Blended Principal+Interest
  • Mortgage Rate: Deal specific
  • Minimum mortgage: $150,000
  • Draw Schedule: Flexible
  • Property Location: All locations in BC, Alberta, Saskatchewan, Manitoba, and Ontario will be considered
  • Zoning: Residential, Commercial, Industrial
  • Credit: Individual and corporate credit history will be considered; corporate and/or personal guarantees may be required.
  • Commitment Fee: TBD
  • Lender Fee: TBD
  • Broker Fee: TBD by broker