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Key stats
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1 Year
2.62%
3 Year
3.68%
5 Year
4.53%
7 Year
5.13%
10 Year
5.64%
20 Year Plus
6.50%
5 Yr. CMHC
3.25%
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For more rate details, click here.

Testimonials
Real Estate in Canada: average resale prices ...
Bloomberg Foreign Government Bond Yields
RBC profits up 35% in first quarter
Canadian business profits rise for first time in year
Global economy set to recover
Home ownership costs on the rise in Canada


City Mortgage provides commercial real estate financing to customers in British Columbia and Alberta. With more than 25 years of experience, we have placed over $1.5 billion in First and Second Mortgages, Mezzanine Loans and pure Equity Investments with a wide range of lenders and investors.

Our expertise covers a very diverse range of real estate development and investment properties that include: high rise residential, industrial, shopping centres, multi-family housing, office space and land.

We are active in the following areas of commercial real estate financing:

BulletFirst & Second Mortgages including CMHC
BulletCommercial, Industrial, Multi Family & Raw Land
BulletCMHC & Conventional Construction and Long Term
BulletMezzanine
BulletPure Equity (non debt)
BulletJoint Ventures & Partnerships
BulletPublic and Private Funding
BulletMortgage Investment Management

Why use City Mortgage?
The answer is simple.
Knowledge + Experience + Network = Success
City Mortgage founder Rick Maysenhoelder has over 25 years experience in the real estate finance business placing over $1.5 billion in mortgages throughout Canada. The secret to this success is drawn form a philosophy of providing clients with exceptional service. "I like to take the time up front to identify and clearly understand the borrowers needs. Once a clear understanding is reached, I then professionally package and articulate their needs in a manner easily understood by the lending market." This effective process has resulted in fast turn around times, less client involvement time and tremendous borrower satisfaction. The City Mortgage approach is unique to the market. "We only undertake projects that we know from experience will be successful." This provides a clear advantage to our borrowers in that the lenders we deal with know the deal will be a good fit for them and therefore devote their full energy to make it happen. If there is not a fit we quickly tell our client why, and may even suggest how they might re-structure their needs which leaves the door open for future opportunities.

We invite you to call us today to discuss, in confidence, your specific real estate mortgage needs and look forward to working with you.



 
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Testimonials
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"We are not sure if our project would still be going ahead if it had not been for your putting together a conference call from Halifax to Vancouver. The strike of the Saskatchewan Government Employees Union had tied up land title transactions. As a result, the project was out of money and the lender was not prepared to advance any funds to our project. Your phone call straightened this all out and we never missed a day of construction. We might also point out that because you obtained funds for us at .0075 points below the prime, this has provided us with additional funds that bought additional comforts for the residents of our project. These people may never know how this came about, but it still will not lessen their enjoyment and appreciation of them and this is what the community has worked for." 

Jack deVlaming
Chairman
Lake Wood Lodge Incorporated


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