Owemanco

Summary of all Guidelines
Loan Types	Bridge Loan, Construction Loan, Hard Money Loan
Property Types	Condo, Industrial, Multi Family, SFR
Lendding Area	NATIONWIDE
Loan amount Minimum	$1,000,000
Loan amount Maximum	$30,000,000
Interest Rate Minimum	8%
Interest Rate Maximum	9%
Points Minimum 1st TD	2
Points Maximum 1st TD	3
Terms	6 months, 1 year, 1.5 years
Interest Only or Amortized	Interest Only
LTV Bridge	60
Personal Guarantee /Recourse Required	Recourse, No Recourse

Ontario Wealth Management Corporation (Owemanco) is a commercial real estate loan origination and servicing company that specializes in commercial, industrial, and construction financing solutions across Canada and the United States.

With offices in Toronto and Ottawa, Owemanco offers short-term financing in loan amounts ranging between $1 million and $30 million.

Owemanco is located in Toronto, ON. They offer financing for Bridge Loans, Construction Loans and Hard Money Loans. The property type they primarily lend against is SFR, Multi Family, Condo and Industrial. Their minimum loan amount is $1,000,000. Their maximum loan amount is $30,000,000. Maximum duration of 6 months;1 year;1.5 years. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 9%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 3.

These descriptions are limited information and meant for general reference purposes.