Lendfinity Select Program
Ontario Urban Program.
Stronger Borrower. Better Rates.
Designed for strong urban Ontario borrowers who deserve better rates. Your ultimate client is an owner-occupant, rental investor, or anyone working through a purchase, refi, equity takeout, or bridge scenario across the GTA and surrounding markets.
Lending in the GTA and surrounding areas (Toronto, Brampton, Scarborough, Mississauga, North York, Thornhill, Barrie, Newmarket, Vaughan, Burlington, Oakville, Kitchener/Waterloo, Hamilton)
First Mortgage Rates
6.49%
at 65% LTV
6.99%
at 70% LTV
7.45%
at 75% LTV
With 2% Lender Fee. For clients with 600+ average Beacon Score.
Rental or Owner Occupied, Purchase or Refinance. $1,500,000 max loan amount. Condos +0.50% Rate Premium.
Loan Parameters
Owner-occupied, 1–4-unit Rental, Investment Property
Maximum Leverage of 75% LTV (Condos up to 70%)
3-12 Month Terms
Standard 3 Months’ interest Prepayment Penalties
Purchase, Refinance, Equity Takeout, Estate, Spousal Buyout, Ownership Transfer, Bridge Loan
Max $1,500,000 Exposure per Property (Exceptions may Apply to Strong Cases)
Interest Reserve Available 50% or 100%
Fixed Rates
