Groupe Financier CHOK
Private mortgage lender active across the Greater Montreal area since 2014, offering first and second mortgages up to about 75 percent of property value. Loans are short term with interest-only monthly payments, aimed at borrowers who do not qualify for conventional bank financing. It lends Quebec.
Prepayment-penalty method
Standard penalty (about three months' interest)
Breaking early is penalized at roughly three months' interest, an open-style penalty that is generally on the lower, more predictable end.
See what breaking a mortgage early could costWho it tends to fit
- Self-employed and business-owner borrowers
- Buyers of rental or investment property
- Refinances and equity take-outs
General signals only. Approval depends on the full application; a lender that fits on paper still has to say yes.
What you can do with it
- Buying a home
- Refinancing
Rate types
- Fixed rates
Where it lends
Quebec
Good to know
- First-rank rates advertised from about 10 percent, second-rank from about 12 percent; short 6 to 18 month terms.
How to reach Groupe Financier CHOK
You deal with this lender directly, no broker required. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Groupe Financier CHOKEducational summary; rates, terms, and approval are set by the lender.
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Other mic & private lenders
Educational information about Canadian mortgages, not financial or mortgage advice. This tool is offered by Jordan Avery, Mortgage Agent (Level 2), Licence M23999999 · Maple Key Mortgages Inc., FSRA Brokerage Licence 13999 and operated by LenderSearch; figures are estimates. Confirm all rates, terms, and eligibility directly with the lender before acting.