Alternative Lending
made human.
Right Avenue MIC offers fast, flexible alternative financing for borrowers who may not fit the rigid bank model.
overview
Financing Your Dream Property
While many people dream of owning property, not everyone fits the rigid requirements of traditional lending models. That’s where Right Avenue, with our alternative lending model, can help. We provide fast and flexible financing options to entrepreneurs and small business owners, real estate investors, and other people who may not fit the traditional banking mould. We’ve built our business on a foundation of trust, acting as a strategic partner to mortgage brokers who can actually deliver results for clients with complex financial profiles
Up to 75% LTV
Loan-To-Value
24 Hours
Turn Around Time
Starting Loan Min $20k
Loan Size
our process
A clear path to closing your deal.
Lending guidelines
Simple parameters for complex scenarios
At Right Avenue, we believe that being clear is being kind. We provide straightforward, asset-based lending guidelines that allow us to say “yes” when traditional banks say, “no.” Your situation may feel complex, but we make the financing process as simple as possible.
| Residential | 1st Mortgages | 2nd Mortgages |
|---|---|---|
| Max LTV | 75% | 75% |
| Brokerage Fee | Min. 2% – split 50/50 | Min. 2% – split 50/50 |
| Rates | Click Here for Current Rates | |
| Lending Areas | Major Urban Markets in BC | Major Urban Markets in BC |
| Minimum Beacon | NON – LTV reduced if < 500 | NON – LTV reduced if < 600 |
| Min / Max Mortgage | $100,000 – $50,000,000 | $100,000 – $50,000,000 |
| Residential | 1st Mortgages | 2nd Mortgages |
|---|---|---|
| Max LTV | 100% | 100% |
| Brokerage Fee | Min. 20% – split 50/50 | Min. 20% – split 50/50 |
| Rates | Call Us for Current Rates | |
| Lending Areas | Major Urban Markets in BC | Major Urban Markets in BC |
| Minimum Beacon | NON – LTV reduced if < 500 | NON – LTV reduced if < 600 |
| Min / Max Mortgage | $100,000 – $50,000,000 | $100,000 – $50,000,000 |
| Income | Stated Income | Stated Income |
| GDS / TDS | No GDS / TDS | No GDS / TDS |
| Terms | 1 year open, interest only | 1 year open, interest only |
Let’s build your dreams together.
Frequently Asked Questions
Your questions, answered clearly.
If your question is not answered here, feel free to reach out to us.
Who does Right Avenue provide financing for?
Right Avenue provides alternative financing for qualified borrowers who may not fit the rigid requirements of traditional banks. This includes entrepreneurs, small business owners, real estate investors, and people with more complex financial profiles. As our focus is on equity and overall borrower strength, we provide alternative funding to both creditworthy and credit delinquent borrowers.
How is Right Avenue different from a traditional bank?
Unlike traditional lenders that focus only on strict criteria and standard check boxes, Right Avenue looks at the whole person behind the application. We take the time to understand the borrower, the property, and the full potential of the deal. Our process is designed to be faster, more flexible, and more human.
What information does Right Avenue review before approving financing?
To protect both borrowers and investors, Right Avenue carefully reviews your client’s information, including their credit bureau report and other financial details. We believe in seeing the whole picture, balancing trust and opportunity with a thorough review process.
Why does Right Avenue require an appraisal?
Once we determine that your client may be a good fit, we need to evaluate the property itself. Right Avenue works with approved appraisers to assess the value and suitability of the property. Since we are equity-based lenders, appraisal is a key part of our underwriting detailing the property condition, value and other unique property features.