First and Second Mortgages and Mezzanine Financing

TFCC provides all types of debt including first and second mortgages and mezzanine loans.

We typically look to invest in the following opportunities:

  • Land ready for development
  • First and Second Mortgages for residential, commercial and retail properties
  • Short term bridge lending and special situation facilities


Terra Firma Capital Corporation tailors each financing to suit the needs of the individual developer or investor by offering the following products:

  • Land Acquisition Loans
  • Land Acquisition and Development Loans
  • Land Acquisition and Development and Construction Loans (Low Rise Residential Assets)
  • Project Financing for Multi Family / Condominium / Mixed Use / Commercial
  • Lot Inventory / Land Bank Loans
  • High Leverage Participating Loans – (Residential Land Development)
  • Equity Take Out Loans

Investment Criteria

Typical investment criteria are as follows:

  • Non-Recourse Loans available
  • First or Second Mortgages
  • Loan to cost up to 85%
  • Defined exit strategy
  • Up to five year terms
  • Typical loan size from $3,000,000 to $20,000,000
  • Properties located in Canada and the United States

All of Terra Firma Capital Corporation’s real estate lending activities are conducted through TFMA, a licensed mortgage broker.

Terra Firma MA Ltd. Brokerage Licence #12425