vantage brantford 1 page
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Vantage Brantford
Tier 1 Capital Management Inc. is the creator, provider and administrator of syndicate second mortgages also known as principal secured mortgages. The syndicate mortgage is a FSCO regulated investment which requires a full team of professional support services to complete each syndicate mortgage transaction.
• 8 % Annual Fixed ROR (Paid Quarterly at 2%)
• 4% Per Year End of Term Bonus
• Two Year Term
• Cash and RRSP Eligible
• $25,000 Minimum
This is not an offer to sell securities. Licensed mortgage agents/brokers close all transactions. All mortgages are closed through First Commonwealth Mortgage Corporation. Financial Services Commission of Ontario (FSCO) License No.10636
• 8.71 Acre Site• Residential Development of 138 townhouse units• Located at the intersection of Diana Avenue and Shellard Lane in Brantford.• Raise $9.2 Million for the completion of the low rise development
Mortgage Brokerage- First Commonwealth Mortgage Corporation- First Commonwealth Has been in business since 1994. It’s principal broker is Jude Cassimy, FSCO License # 10636. All syndicate mortgage transactions will be handled by licensed mortgage agents and brokers.
Nominee Trust Corporation- Greg Marchant of Marchant Realty Partners Inc., has over 30 years industry experience and will act as a Bare Trustee on behalf of each lender. Also, the trustee will provide status reports to lenders during the term of the mortgage
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10%12%
Year 1 Year 2
Interest Earned Over 24 Months
• The mortgage registration will be registered as a second mortgage with the Ontario Land Registry in the name of each lender through a Nominee Trust Corporation.
• Second Mortgage becomes a first mortgage. $75,000 of each lot closed will go to repaying the first mortgage. When the first mortgage is repaid and discharged, the second mortgage will move into first
Interest Bonus