An Arms-Length Mortgage is a private lending transaction conducted between two or more non-related parties.
These mortgages can be placed on Canadian residential, commercial, industrial, and recreational properties, as well as raw land.
At Olympia Trust, we act as a trustee for the lender’s account. The lender(s) and borrower set and agree to the interest rate and terms of the mortgage with all mortgage payments made to the lender’s account at Olympia Trust Company.
We have extensive experience in the administration of a wide range of mortgages, from smaller loans between two individuals to syndicated mortgages where several investors collectively fund one larger mortgage.