Canadian Funding Corp Issues High LTV Commercial Loan in Cambridge, Ontario

Canadian Funding Corp fund an ultra-high LTV (loan to value) commercial loan in Cambridge, Ontario. The loan comprised a third mortgage to fund the purchase of a variety store.
 
June 19, 2009 - PRLog -- Mr James of Cambridge, Ontario required a first mortgage on a commercial property in Cambridge with a loan to value of 95%. Canadian Funding Corp approved the deal after Moishe Alexander approved the application. Canadian Funding Corp and one of its co-lenders together funded the transaction and Michael Spiro, attorney, closed the deal.

"It is unusual for banks to finance a loan with such a high LTV. Canadian Funding Corp actually looks at the economics of the situation rather than blindly following a set of rules. In this case the mortgage made sense." said Moishe Alexander.

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About Canadian Funding Corp
Canadian Funding Corp was developed in 2005 by Moishe Alexander and is based out of the greater Toronto, Ontario area. By competently assessing the risks involved, Moishe Alexander is able to analyze all options available and provide the best solution for his respective clients, even if banks or private lenders have turned them away before. Through Canadian Funding Corp and the large network he has acquired in the mortgage and finance business over the past three years, Moishe Alexander has access to over $75 million in private funds and, therefore, is able to fund just about any transaction.
For more information please go to
http://www.canadianfundingcorporation.com
http://www.moishealexander.com
http://canadian-funding-corp-cmhc-statistics.com/
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