| |
|
|
 |
| SSC: KNT or BXX (?) |
| |
|
|
|
|
|
| |
 Profile
First Central Mortgage Funding is an underwriting mortgage loan applications company located in Toronto, Ontario. Since 2005, First Central Mortgage Funding Inc. has counseled developers on the best methods to obtain funding through renovation and repositioning loans in order to complete projects. First Central Mortgage Funding offers bridge loans, which are designed to be paid back swiftly, and construction loans, which are short-term loans used by borrowers to finance construction or process expenses. Every construction loan varies depending on the project and the estimated length of the construction development. First Central Mortgage Funding funds loans for properties, including light industrial properties, development, automotive services properties, and more, and offers up to 85% loan to value.
First Central Mortgage Funding’s process examines the big picture, not just the numbers that a bank normally calculates, to determine the outcome of a project. Its team of experts accurately determine the risks and rewards for each project, enabling the clients and co-lenders to feel equally secure when entering into an agreement. First Central Mortgage Funding has the resources needed to accommodate almost any project with over $85 million in funding. First Central Mortgage Funding recommends a solution that fits everyone’s needs thereby becoming one of the leading private lenders for large and small-scale transactions across North America.
First Central Mortgage Funding follows a process with its clients and co-lenders by first acquiring the idea for a project with a written outline for connecting a co-lender with a client who has similar interests. Once everything has been sign and agreed upon, attorneys are given final instructions, and the project begins. First Central Mortgage Funding ensures successful communication between its clients and co-lenders by keeping in contact and checking in on the progress of a project. Additionally, First Central Mortgage Funding keeps each co-lender and client informed with who is supplying the funds to each project and what project a co-lender is supporting.
First Central Mortgage Funding Inc. only funds through licensed mortgage brokers (we do not accept applications directly from the general public, please contact your local broker to make an application to us).
|
|
| |
