Lanyard Group of Companies
Real Estate - , , CA
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Lanyard Financial Corporation is a national private mortgage lender operating since 1999. We specialize in short-term financing for clients who are unable to obtain conventional bank financing. We lend in major city centres in Ontario, British Columbia, Alberta, Saskatchewan, and Manitoba.Our lending program focuses on interest-only loans with a term of one year, extendible for one additional year at the option of the borrower. Lanyard's Residential Lending Program: The Residential Program offers jumbo mortgages from $750,000 to $5 million. Lanyard's residential program provides mortgage solutions for clients with large mortgage needs and who currently sit outside of traditional bank lending guidelines. We lend up to 65% loan-to-value and allow second mortgages. Residential Mortgage Fast Facts: • $750k to $5 million• Interest only payments• Non-income qualified• No minimum beacon score• No GDS / TDS requirements• Non-resident financing available• Bridge financing available• Registration allowed to Corporate Borrowers and Family Trusts• No Stress Test!• Loans are open for repayment without penalty subject to 3 to 4 months minimum interestFor residential loans in Ontario, contact Robyn Duffy at rduffy@lanyardgroup.comFor residential loans in Western Canada, contact Christine Perkins at cperkins@lanyardgroup.comLanyard's Commercial Lending Program: The Commercial Program offers mortgages from $1 million to $20 million. • Retail, office, multi-family, bare land and industrial properties• Residential condo inventory• Interest only payments• Bridge financing available• Flexible repayment privileges For Commercial loans, contact Sam Fogell at sfogell@lanyardgroup.com
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