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