Castleton’s mortgage loans are approved primarily on equity and not strict lending parameters used by banks.
We offer 1st and 2nd ranking mortgage loans for the following types of properties:
RESIDENTIAL
MULTI-UNIT
SEMI-COMMERCIAL
DIVIDED &
UNDIVIDED
CONDO
INDUSTRIAL
COMMERCIAL
CENTRE
COMMERCIAL
CONDO
CONVERSION
PROJECTS
RECENT TRANSACTIONS
*Semi-Commercial – Downtown Montreal*
$600,000 loan
1st rank
6-month term
Refinance existing mortgage and renovations
*Multi-Unit Residential – Montreal*
$350,000 loan
2nd rank
Proceeds used to acquire additional multi-unit property
*Commercial – Sutton, Quebec*
$400,000 loan
1st rank
3-year term
50% LTV
Loan proceeds used for to purchase property
*Primary residence – Saint-Lazare*
$450,000 loan
1st rank
1-year term
Prepaid monthly interest
Proceeds used towards the down payment of a non-owner occupied property
*Land – Laurentians, Quebec*
$550,000 loan
1st rank
2-year loan
40% LTV
Proceeds used to repay debts and taxes
*Undivided condominium – Plateau Mont-Royal*
$75,000 loan
2nd rank
1-year term
75% LTV
Proceeds used to consolidate debts and pay outstanding condo fees
*Residence – Laval*
$350,000 loan
1st rank
1 year term
Non-resident
*Industrial – Chabannel, Montreal*
$1,600 000 loan
1st rank
2-year term
60% LTV
Proceeds used to repay existing private and purchase heavy equipment and machinery