PRODUCTS - LENDING SERVICES
Cameron Stephens is a leading non-bank lender providing
financing of $1.0 - $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 Southern 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.
Loan Products
Land
Acquisition/Refinance - 50% - 60% LTV
- Planning approvals in place or imminent - Loan maturities of
6 - 24 months
Land Servicing and Construction Financing
- Up to 80% LTV -
Equity & presale levels competitive with institutional
requirements - Streamlined progress draws to fund
trades/suppliers
- Loan maturities of 18 - 24 months
Bridge/Asset Repositioning
- Up to 90% LTV -
Properties with value enhancement upside - Bridge to future
sale or refinancing
- From 90 days to 18 months
Inventory
- Up to 75% LTV -
Completed residential and commercial projects - Repayment of
construction financing and orderly disposition of remaining units
- Loan maturities of 12 - 24 months
First Mortgage Loans
- Up to 80% LTV -
Income producing properties - Loan maturities of 1 - 10
years
Mezzanine Debt
- Up to 90% LTV -
Equity gap financing to secure institutional financing - Loan maturities of 12 -
24 months
Debt Acquisition
- Single loan or
portfolio purchases
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