08/30/10

Private Mortgage Services

Security and Servicing
Reciprocal Opportunities Incorporated (ROI) is a private mortgage lender. We focus on the underlying value of the property provided as security for the mortgage. We see value and opportunity often in situations where conventional lenders do not. Although most of our mortgages are serviced monthly, we understand that a temporary lack of cash flow does not necessarily result in a bad loan. Similarly, prior unestablished credit, or even a previous credit problem will not necessarily lead to a rejection of a request for funds.

 Types of Mortgages
We invest in various types of mortgages, including:

- 1st and 2nd mortgages                           - 3rd mortgages in special circumstances

- Commercial properties                           - Industrial properties

- Residential properties                             - Raw land

- Cottages                                                    - Recreational Properties

- Land development                                  - Construction financing

- Financing during a lease up period      - Purchase of existing mortgages

Response Time
We realize that your time is valuable, so we respond quickly to your request for financing. In most cases we will review your needs and respond verbally with a general financing outline within 24 hours. This is usually followed up by a commitment to finance within 48 hours.

 Terms
Our mortgage terms are flexible and are adapted to suit the needs of each individual Borrower. They typically include the following:

 Amount: $500,000 to $5,000,000

 Area: Primarily South-western Ontario, but other areas considered depending on the security.

 Guarantors: Required

 Rates: Bank prime plus 4% and higher, depending upon security; normally fixed for the term.

 Term: Normally one to three years. (Will consider shorter terms.)

 Commitment Fees: Normally 2% and higher.

 Repayment: Normally interest is due monthly, principal amortization is normally optional.

 Post-dated Cheques or Direct Debit: Required