Indus Capital
Contact Us >> 1525 Glenburnie Rd - Mississauga, ON L5G 3C9 | Office: 905-896-0178 | Cell: 416-564-0102 | Email: Kuppa@mkuppa.com
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Home » Construction Financing

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Here are the details of our construction financing program:

  • Maximum LTV: 80% of cost to complete
  • Term: 6 month, 12 month, 24 month
  • Amortization: Interest only
  • Mortgage Rate: Deal specific, rates start at 10.00%
  • Minimum mortgage: $150,000
  • Draw Schedule: Flexible
  • Property Location: All municipalities within Ontario with a minimum population of 5,000 will be considered, LTV may be reduced for smaller municipalities
  • Minimum Beacon: No minimum beacon
  • Guarantees Required: Corporate plus Personal Guarantees
  • Note: New Home Warranty coverage required
  • Commitment Fee: Starting at $1,000
  • Lender Fee: Starting at 3.00%

 

View borrower application

Navigation

  • Investors
    • Investment Options
      • Direct Investment
      • Syndicated Mortgage
    • Underwriting Process
    • Investor Testimonials
    • Current Opportunities
    • Track Record
    • FAQs
  • Borrowers
    • Lending Programs
      • Commercial/Multi-Family
      • Construction Financing
      • Residential Properties
      • Land Purchase
      • Land Development
    • FAQs
    • Borrower Application
  • Real Estate
  • Mortgage
  • Contact Us
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