About Neufeld Capital
Neufeld Capital Inc., a commercial mortgage brokerage licensed in Alberta, has been in business since 1992, providing mortgage financing services to investors, developers and builders.
Neufeld Capital specializes in sourcing mortgages for a variety of commercial needs, from income properties to construction loans and subdivision financing. Since 2004 Neufeld Capital has offered “direct” lending services as exclusive sourcing agent, initially for Provident Mortgage Corp. a mortgage investment corporation, and since 2014 for Neucore Financial Inc., a registered exempt market dealer and investment fund manager.
Provident Mortgage Corp. an Alberta-based mortgage investment corporation (MIC) under Canada’s Tax Act, started operations in 2004, pooling investor funds to lend on a portfolio of mortgage loans secured by real property, and paying out net income by way of monthly dividends to shareholders.
In 2014 Neucore Financial Inc. was established as a management company registered with the Alberta Securities Commission in the categories of Investment Fund Manager, Restricted Portfolio Manager and Exempt Market Dealer. Neucore Financial manages the operations of Provident Mortgage, providing short-term funding for construction projects, inventory and bridge financing needs, with Neufeld Capital providing loan sourcing and administration services.
Garry Neufeld, founder and president of all three firms, has been involved in real estate finance since early 1974, having spent several years in the trust industry, in positions ranging from mortgage officer to branch manager, regional manager and vice president, prior to moving into mortgage brokerage in 1990.
Please call one of our Mortgage Associates for assistance with your financing needs.