For Developers
Tailored loans and financing for your next development project
Experience Makes
The Difference
Dorr Capital has originated mortgage loans to borrow as high as $73.6 million dollars, with average loan sizes of $18.8 million dollars. Our area of focus includes land construction loans, small rental units or multiplex dwellings in Ontario, Canda.
By choosing to work with us, you can expect expert advice through each stage of development. We aim to understand your project and your vision to structure financing that is flexible and adaptable to unforeseen circumstances. At Dorr Capital, we simplify the mortgage approval and borrowing process so you can focus on the big picture.
As experts in the commercial mortgage industry, our team of dedicated professionals work closely with developers to source alternative capital solutions. We leverage over 50 years of deep rooted relationships to help finance the purchase, development, refinance, or equity of your project when traditional institutions won’t.
Driven by superior results. Backed by expert underwriting.
We are Licensed by the Financial Services Regulatory Authority of Ontario (FSRA).
Dorr Capital is a trusted commercial mortgage broker that acts as an intermediary by brokering your mortgage loan and finding an appropriate lender/investor that fits your structure best. Our services are rendered by an esteemed group of underwriting professionals that fuels our competitive advantage. Our due diligence process provides developer clients the granular details necessary to make informed decisions. We structure deals that result in mutually beneficial outcomes for both the developer and lender to ensure a seamless execution.
We are a trusted mortgage lender and broker
As a specialized commercial mortgage lender and broker, we offer a variety of development loans to meet our partners’ needs.
We source financing from institutional lenders, our investors, and our own capital. Our customized loan services are conducted efficiently to ensure your goals are realized and met in your intended time frame.
We specialize in the following loans and financing:
Land
Land Development
Revolving Construction
Condominium Construction
Commercial Construction
Mezzanine
Equity
Commercial Term
Inventory
Small Rental Loans
Multi-Plex Loans
CMHC Loans
Our Process
Contact
Contact Dorr Capital to borrow money
LOI
Letter of Intent is Issued
Signature
LOI Signed and Sent to Dorr Capital
Underwriting
We Underwrite the Loan
Commitment
We Issue a Commitment Letter to You
Conditions
Commitment Letter is Returned, Signed, Meeting Conditions
Funding
We Direct the Loan Funding
Management
We Manage and Service the Project
Superior underwriting drives our performance
Dorr Capital employs a well-developed and successful underwriting process created and tested by our internal experts with over 88 years of industry experience. When completing the process, our underwriters seek out information related to the economics of the deal: a market analysis that looks at competing projects and the overall market, a client analysis and Dorr Capital’s own risk rating.
We then provide the merits of the proposed deal in a clear and concise loan presentation with complete transparency so that investors have all the knowledge needed to make an informed decision. Our superior underwriting ranks above institutional grade.
- Land ready for development (up to 80% loan to cost)
- Second mortgage loans for income producing properties (combined debt service coverage of 1.05 times)
- Second mortgages for residential, commercial and retail properties (up to 85% loan to cost)
- Short term bridge lending (up to 85% loan to cost)
- Development of residential and commercial projects (up to 90% loan to cost)
- Land development and servicing loans supported by future serviced lot values, recoverable costs and residual land (up to 90% loan to cost)
- Conventional and high-ratio land acquisition loans (up to 80% loan to value)
- We arrange/structure equity finance deals in conjunction with senior debt and mezzanine finance to enhance investors’ mortgage investment yield
- Investors are provided a detailed and timely project summary and presentation
Get in touch
If you’re an investor looking for results-driven opportunities, or a developer seeking financing solutions for an upcoming project, reach out and let’s get to work.