Canada

The bank can only fund the following provinces:

1. British Columbia (Great Vancouver, Squamish, Whistler, Victoria, Kelowna & Nanaimo)
2. Ontario (Great Toronto & Peterborough)
3. Quebec (Mont-Tremblant, Quebec City & Montreal)
4. Alberta (Calgary & Edmonton)

Eligibility:

• Only finance Non-Canadian residents for purchase
• The Property should be a holiday home, for commercial purposes (buy to let)
• Do finance Canadian Residents

Types of Loan Available

• Loan Available for Purchase of property in Canada
• Re-Mortgages available

Loan to Value:

• 80% of Purchase Price (Single Currency)
• 75% of Purchase Price (Multi Currency)

Interest Rate:

• Multi-currency product available
  Euro: 6.47%
  Swiss Francs: 4.47%
  CAD: 5.12%
  More Available upon request

Maximum Term and Age Limit

• Maximum 30 years
• Age Limit of 70 years at maturity

Minimum Loan Amount:

• 75,000 USD or equivalent

Documents Required:

• For general documents required please contact Isha Singh for more information

Additional Fees

For associated costs, the approximate/estimated figures are as follows-

1. Bank’s non-refundable arrangement fee: 0.5% of the Loan Amount
2. Valuation Fee: varies on property
3. Legal fees: Approx 2500 CAD plus disbursements
4. Other costs may include fire insurance etc
5. Fidentia Group Administration Fee: 0.5% on application and 0.5% on completion of the mortgage