SUPPORT
Financing.
We prepare your file and direct you to the right lender. Laramont is not a mortgage brokerage.
A well-prepared file gets financed better and faster. We gather documents, structure the presentation of income and expenses, anticipate the lender's questions, then direct you to a licensed mortgage broker or the appropriate institution based on your profile and property type.
Types of financing by project
- Residential and vacation: conventional or insured mortgage, principal or secondary residence.
- Multi-unit 1 to 4 units: standard residential financing, depending on owner occupancy.
- Multi-unit 5 units and up: commercial financing, with the option of CMHC-insured programs including MLI Select, which can improve amortization and down payment depending on criteria met.
- Commercial: offices, retail, plazas, industrial, hospitality (hotels and motels). The lender's analysis focuses on the leases and the asset's income.
- Non-residents: programs offered by some institutions, with a typical down payment around 35% and thorough source-of-funds verification.
- Refinancing and equity take-out: after renovation or re-leasing, to free up the down payment for the next purchase.
- Project and short-term financing: bridge loans or construction financing, depending on the lender.
Conditions, rates and criteria vary by lender and by your situation. Nothing on this page is a financing offer or mortgage advice.
Contact us
Request a property analysis.
Tell us the property type, city, number of units and current needs. We will respond with the next steps and applicable plan.