Types of Financing Offered by Nation Capital
Nation Capital provides private equity financing when additional capital is required for investment, building a new business, expanding an existing business, purchasing a vacation home or purchasing a revenue property. Lending options includes 1st & 2nd mortgages on residential, commercial, or construction properties.
Nation Capital recognizes the strengths of self-employed entrepreneurs. In most situations, we need minimal income documentation. Nation Capital can provide an approval based upon the equity in your home.
New Immigrant Financing
If you are new to Canada buying a home is a very exciting time. However, sometimes conventional banks have requirements that are hard to meet. Nation Capital can provide you with an approval with no credit history or employment confirmation. Nation Capital offers open term mortgages, which means you pay back the loan at any time with no penalties.
As a non-resident are you considering purchasing a Canadian vacation home, an investment property or a home for your children while they are attending school in Canada? Without an established Canadian credit history and income in Canada, conventional banks may only provide you with 50% financing for your mortgage. Contact Nation Capital to help you with the shortfall.
Nation Capital will finance the purchase of land or the construction of your new home. Our progress draws are made promptly upon request and only interest payments are required during the construction phase. You will save thousands of dollars over the course of your project. Interest reserves are held during the course of construction.
Whether it is simply a fresh look to your home or an addition for your growing family, Nation Capital will provide you an approval based on the equity you have in your existing home.
Debt Consolidation, Credit Impaired
Using the equity you have built in your home you can easily consolidate high interest credit card debt, vehicle loans and other consumer loans to help you manage your monthly payment. Nation Capital can help you through stressful and difficult times by improving your cash flow to help you get back on your feet.
Bridge Loan Financing
Nation Capital can help ensure you have the funds you need to cover the cost of two mortgages when you are purchasing a new home but haven’t sold your existing home. Many approvals are provided within two business hours of receiving the full application and funding can often be provided the next day!