Commercial, construction and bridge financing, handled properly.

How commercial underwriting works

Commercial lenders focus first on the property's ability to carry its own debt. Expect them to look at debt-service coverage, the tenant mix and lease terms, the building's condition and, for some property types, an environmental assessment. Terms are usually shorter than residential mortgages and down payments larger. A clear package — financial statements, rent rolls, appraisal and a realistic budget — is what turns a long approval into a straightforward one.

Construction draws and Québec's legal construction hypothec

Construction financing is released in stages as work is completed and inspected, so your own funds typically go in first. In Québec, contractors and suppliers who aren't paid can register a legal construction hypothec against the property, which is why lenders and notaries track payments carefully at each draw. We build a draw schedule, a contingency and a timeline that keep the project funded and the title clean from foundation to occupancy.

The arithmetic of bridge financing

A bridge loan lets you use the equity in your current home before it sells. The cost is usually interest on the bridged amount for the days between the two closings, plus a lender fee — often a few thousand dollars, far less than the cost of a rushed sale. Conventional bridge financing generally requires a firm, unconditional sale. Without one, a short private bridge is possible at a higher cost, and we will lay out both before you commit to a purchase date.