Monday, May 21, 2012
   
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Property Types

Eligible Properties:

Land:

  • raw land (residential, commercial and industrial)
  • development lands
  • subdivision infrastructure and servicing

Residential:

  • single family homes
  • multi-family residential
  • mixed use (residential with commercial component)
  • condominiums
  • condominium conversion
  • new construction
  • apartment buildings
  • mobile home parks

Commercial:

  • recreational and resort properties
  • recreational vehicle parks (i.e. RV’s)
  • commercial buildings
  • hotels and motels
  • plazas and shopping centres
  • cinemas
  • automotive services (dealerships, repair shops and retail)
  • office buildings
  • restaurants
  • gas stations (environmental required)
  • retail (convenience stores, pharmacies, hair salons etc…)
  • golf courses

Industrial:

  • warehouses
  • light Industrial
  • misc. industrial buildings

Special purpose:

  • adult entertainment
  • marina’s
  • storage facilities
  • churches and temples
  • parking lots
  • retirement and nursing home facilities
  • private schools
  • campgrounds
  • car wash

Builder Inventory Loans

Ineligible Properties:

Mobile Homes