Products
Cameron Stephens is a leading non-bank lender providing financing of $500 thousand - $50.0 million to real estate builders, developers and owners of residential, commercial, industrial and retail projects and properties located primarily in the Greater Toronto Area and other urban centres in South Ontario.
The company has a credit approval and funding process that provides quick and efficient turn-around time with an emphasis on providing superior quality service and creative deal structures customized to the borrower’s specific requirements.
We have a large range of property and loan types we would consider. Our pricing parametres are as follows:
| Conventional | High Ratio | |||
| Floating Rate | Prime + 1% | Prime + 2% | Prime + 3% | Prime + 5% |
| Term | GOC + 185bps | GOC + 275bps | GOC + 300bps | GOC + 400bps |
| Mezzanine | 9% | 15% | 9% | 15% |
| CMHC - Term | GOC + 70bps | GOC + 120bps | GOC + 70bps | GOC + 120bps |
| CMHC - Construction | Prime - 0.50% | Prime + 1.00% | Prime - 0.50% | Prime + 1.00% |
Note: Fees range from 1% to 2%
Please call us to discuss your specific requirements.
