Streamlining Your Investment Finance:
Flexible Lending Solutions
Ease your investment journey with our adaptable financing options.
Select One Properties offers private financing on equity positive deals.
Need capital to close a deal or flip a property?
We can help.
Our process is simple and easy with a fair eligibility requirement.
Lending Criteria
Private Mortgages
Fees: 1.0% to 3.0%
Interest Rates: 7.99% – 14.99%
Flexible Terms: Open to 2 years
Amortization: Interest only, up to 30 years
Loan Amounts: $10,000 to $450,000
Lending Ratio: Max of 75% LTV on the current estimated value of the property
Location: Grande Prairie, Alberta
Simple & Easy
Required Documents
After you apply for a loan or a private mortgage, you’ll need to verify your identity and application details.
Here is an overview of what you will need to provide in-person at our office or submit electronically.
- Non-expired Government issued photo ID
- Proof of income (bank statement, paystub, T4s, and verification of bank accoount via Instant Bank Verification)
- Void Cheque or pre-authorizes debit form
- Proof of address
- Annual mortgage statement
- Annual property tax statement
Equity-Based Lender
The SELECT Advantage
Equity-Based Lender – Regardless of income or credit, if there is sufficient equity you are APPROVED!
01
Affordable Payments, Fixed-Rates and flexible options
02
Quick and secure online loan application
03
Transparent terms
04
Personalized Service
Equity-Based Lender
The SELECT Advantage
Equity-Based Lender – Regardless of income or credit, if there is sufficient equity you are APPROVED!
01
Affordable Payments, Fixed-Rates and flexible options
03
Transparent terms
02
Quick and secure online loan application
04
Personalized Service
Receive a Free Consultation By Clicking Here
F.A.Q.
Frequently Asked Questions
Financial Solutions Demystified: The Lending FAQ section provides answers to your questions on loan terms, eligibility, and application processes. Understand how our financing options can support your real estate endeavors for both short-term and long-term projects.
We consider a variety of real estate deals, including property acquisitions, renovations, and flips, for short-term private financing. The key criteria usually include the property’s potential for positive equity and the borrower’s eligibility.
The eligibility process involves a comprehensive review of the proposed real estate deal and the borrower’s financial situation. Factors such as the property’s value, potential returns, and the borrower’s experience in real estate may be considered. Reach out to us to discuss your specific project and eligibility criteria.
The loan term varies but is generally short-term, often ranging from a few months to a couple of years. The specific duration will be determined based on the nature of the real estate deal and the borrower’s repayment plan.
Once your deal is approved and all necessary documentation is provided, we strive to expedite the funding process. The timeline can vary but typically ranges from a few days to a few weeks, depending on the complexity of the deal.
Interest rates and fees depend on various factors, including the risk profile of the deal and the borrower. We’ll provide a clear breakdown of interest rates, origination fees, and any other associated costs during the application process.
While the primary purpose is to support real estate deals, the use of funds is generally flexible within the scope of the approved project. We’ll discuss the specific terms and conditions during the application process.
We understand that circumstances can change. Depending on the terms of the agreement, early repayment may be allowed without penalties. We’ll provide clarity on this aspect during the loan documentation process.
The property being financed often serves as collateral for the loan. We’ll assess the property’s value and equity to determine the loan amount. Personal guarantees or additional collateral may be discussed based on individual circumstances.
We understand that real estate projects can encounter unexpected challenges. Open communication is key. If you anticipate delays or challenges, it’s important to inform us promptly. We may work together to find solutions or adjust the repayment plan if needed.
Unlike traditional lenders, our focus is on providing flexible and expedited financing solutions tailored to real estate investors. We often consider factors beyond credit history and may offer more personalized terms to accommodate the unique needs of real estate deals.
Contact Us
Today
All information provided is treated with the utmost confidentiality.
Phone Number:
+1 780-882-5440
selectoneproperties@gmail.com