Custom Mortgages

Many mortgage providers are constrained by a lack of flexibility. We are flexible, nimble and provide mortgages to quality borrowers where larger financial institutions do not offer competitive terms and structures.

Typical loans are for bridge financing, land assembly, and infill construction, with interest rates of 7.5% to 10% per annum, a one to two-year term, and monthly interest-only payments. We lend in Ontario, Saskatchewan, Alberta, and British Columbia.

Terms

Loan amounts generally $300,000 to $20,000,000, other amounts are available

Monthly interest only payments

Limited recourse

Usually one to two-year terms, other terms are available

Typical Properties

Our credit approval and funding process is quick and efficient, with a fast turn-around time and superior quality service.

We are proud of our creative deal structures that are customized to the borrower's specific needs. We have a large range of property and loan types we would consider.

  • Land for redevelopment
  • Bridge and term financing
  • Residential apartment buildings
  • Industrial properties
  • Retail properties
  • Office buildings
  • Condo inventory loans
  • Mixed use properties
  • Parking lots
  • Storage facilities

Each loan is subject to thorough underwriting and requires approval from Atrium’s Board of Directors. Due diligence includes detailed financial analysis, exit strategy, site inspection, local market review, sensitivity analysis, and third party reports including appraisals, environmental and building condition reports.