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Commercial Lending

We arrange 1st and 2nd mortgage financing for apartment buildings, strip malls, office buildings, retail stores, shopping centres, hotels, motels, golf courses, marinas. If your purchasing, renewing or constructing, we have 15 years of commercial and residential experience to satisfy your needs.

Refinancing? Do you require "extra" funds from your existing property to take advantage of investment opportunities, renovations, children's education? You may have several different financing options available to you, that you may not have realized was possible.

Building mortgages- we have an assortment of lenders who offer high ratio financing (insured through CMHC) with loan to values to 95% for those who would like to build a home. Interest rates are normally floating during the construction period and then you have your choice of fixing the rates at the completion of construction. Construction high ratio or conventional mortgages are also available for commercial projects as well. Since terms and conditions vary depending on the project it's best to call us to discuss your needs.

6 Month Closed 3.65
1 Year Closed 2.40
2 Year Closed 2.79
3 Year Closed 3.34
4 Year Closed 3.54
5 Year Closed 3.64
7 Year Closed 4.70
10 Year Closed 5.04
Rates Effective 2010-09-02

Refer a friend to Kal-Mor and receive $100.00 upon a successful mortgage!

Kal-Mor Mortgages, 4007 - 27th Street, Vernon, BC Canada V1T 4X9, 250-549-3250 info@kal-mor.com