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About King Capital
Lending Criteria
Mortgage Terms
Purpose of Funds
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1-888-341-KING (5464)
Mortgage Terms
MORTGAGE TERMS
From 3, 6, 9 and 12 months
Longer terms may be available on a case by case basis
Mortgage Renewal option available
FEES
Lender Fees starting at 1 .50%
PREPAYMENT PRIVILEGES
Open and closed terms
INCOME VERIFICATION
Most recent Notice of Assessment (NOA) may be required to confirm no taxes owing
Further income documentation may be required
APPRAISALS
Appraisals required. King Capital may accept NAS appraisals
MPAC assessments may be accepted in place of an appraisal, depending on low LTV
CREDIT BUREAU
Credit bureaus required for all borrowers
No minimum beacon scores
APPROVED SOLICITORS
King Capital Approved List - exceptions may be considered
FUNDING
2-5 Business Days
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