Land loan on a development site to refinance existing debt and equity take out to further the development process. This loan will bridge the developer to the construction loan.
Loan to Value: 62%
Interest Rate: 9.95%
Equity take out on a single family home. Funds are being used for business operations in the USA. The exit strategy is to sell other real estate assets in the future.
Loan to Value: 65%
Interest Rate: 10.0%
Second mortgage equity take out over student housing building with commercial at grade. The Borrower required funds for another project and leveraged the equity and cash flow of the subject property. Exit strategy is sale of other investment properties and refinance.
Loan to Value: 64%
Interest Rate: 11.0%
Mandate is a direct source of private mortgage funds. For over 35 years, the Mandate Group of Companies have created mortgage solutions for clients who are self employed, have damaged credit, or developers who require funds for bridge loans, inventory and/or development financing.
35 YEARS OF
We send out commitment letters outlining terms and conditions immediately
We work collaboratively with brokers and borrowers to close files the right way
We match or beat the best current rates in the industry
WHO ARE YOU?
Do you need a mortgage? Let us help you meet your real estate financing or investment needs. Our skilled professionals will make the process as quick and hassle-free as possible. Contact us today for a quote!
Surpass your client's expectations with immediate commitment letters and quick funding. Our private investors offer competitive interest rates dependent on the strength of the borrower, credit rating, property location, and equity.
Mandate arranges syndicate mortgages for existing and new investors. We provide the mortgage opportunity and you choose the investment. Please contact us for mortgage investment opportunities!