We’re not in the habit of writing about every mortgage we fund but like to post updates on individual mortgages from time to time.
Last week we (Alta Pacific Mortgage Investment Corporation – MIC) advanced funds on three separate properties in Alberta. Two were second mortgages on residential homes in Edmonton (66% Loan To Value (LTV) and 70% LTV respectively). The third was a 2nd mortgage on a commercial property in Fort McMurray (62% LTV). Terms ranged from 3 to 18 months.
We welcome Western Canadians to contact us when they find themselves in need of capital/funds. While its common to think that Canadians who find themselves in this situation are in some type of financial trouble, quite the contrary is often the case. We sometimes refer to these situations as opportunity lending. Meaning, a client has an opportunity that – with speed – he can execute on. He might need funds quickly to buy an asset or to secure a business opportunity. Alta Pacific can act fast in helping in these situations. We work directly with homeowners, developers, home builders, commercial real estate investors, mortgage brokers, professionals who offer financial advice to their clients (that could be accountants, lawyers, bookkeepers, financial advisors) in resolving needs for short term capital requirements.
On the other hand, if you are interested in learning how you can share in the returns generated by specialty mortgages, we invite you to learn about Alta Pacific MIC. We focus on consistent returns for registered investors (those with RRSP, LIRA, RESP, TFSA etc.) or open investments (for folks with cash on hand). Alta Pacific works with Western Canada’s best Exempt Market Dealers. We can introduce you to folks that will work to understand your current situation and future needs; and who can assist you in choosing the right Alta Pacific options for your investment.
Security. Growth. Transparency.
Posted by altapacific 
