PHL Capital Corp. - Mortgage Financing And Lending Services To British Columbians
                     PHL Capital Corp.
Mortgage Financing And 
Lending Services To British 
Columbians
Lending Guidelines
LAND
At PHL, we know that prompt responses are crucial for brokers and agents. That’s why our policy is same-day 
feedback and a commitment within 24 hours.
LAND 1ST & 2ND MORTGAGES
MAX LTV 75%
Lower Mainland, Kamloops, Kelowna, Nanaimo, Saanich, Victoria, Squamish & 
LENDING AREAS Whistler
MIN/MAX MORTGAGE $50,000 – $30,000,000
ELIGIBLE PROPERTIES Acreages, Building Lots, Land Development
TERMS 1 Year (No Prepayment Penalty)
PLACEMENT FEE 1 – 2%
RATES Contact Sales Manager at 604.579.0847
Know More… 
Open vs. Closed Mortgages 
Which is Better?
• When it comes to paying off your mortgage, you will 
need to decide between an open or closed payment 
structure.
• Understanding the differences between these two 
structures is crucial for determining the optimal choice 
for your needs and preferences. 
• That is why the lending experts at PHL Capital Corp have 
compiled some information on open vs. closed 
mortgages to help you determine which is better for 
your situation.
• What is an Open-Term Mortgage?
• What is a Closed-Term Mortgage?
• Which is Right for You?
Know More… 
Contact 
PHL Capital Corp.
Address: Benchmark Business Centre
#212, 5455 – 152 Street,
Surrey, BC V3S 5A5
Phone: 604.579.0849
Visit the Website: 
https://phlcapital.com/
Email: [email protected]