If you’ve got a mortgage on your property, you can add the details right into addy Business. This helps our compliance team understand the financial structure of your deal and ensures everything’s backed up by the right documentation.
If you’ve got a mortgage on your property, you can (and should!) add the details right into addy Business. This helps our compliance team understand the financial structure of your deal and ensures everything’s backed up by the right documentation.
You can add one mortgage or multiple — and it only takes a few minutes.
đź› What this section does
The Mortgages section lets you enter all the key terms of your property’s mortgage(s). It lives on the Property Page in your issuer dashboard.
Each time you enter a mortgage, you're building a clear financial snapshot of your project. Whether your deal includes a single first mortgage, a second charge, or multiple financings across different properties — it all gets captured here.
đź’¬ Field-by-Field Guide
Each input in the Mortgages section will be displayed publicly on the property’s investment page once your deal goes live. Make sure everything is accurate and backed by your supporting documents.
🔹 Lender
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the name of the institution or individual providing the loan (e.g., RBC, Equitable Bank, private lender, etc.).
🔹 Amount
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the original loan amount in Canadian dollars (e.g., $1,500,000). This should match your loan documents.
🔹 Loan to Value (LTV)
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the LTV as a percentage (e.g., 75%). This helps investors understand how leveraged the deal is.
🔹 Loan Term (Months)
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the number of months from loan origination to maturity (e.g., 60 for a 5-year term).
🔹 Interest Rate
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the nominal annual interest rate of the mortgage (e.g., 5.25%). Don’t forget to include the % sign.
🔹 Amortization
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the total amortization period in months (e.g., 300 for a 25-year schedule). Even if the loan is interest-only, show what schedule it's based on.
🔹 Recourse
External Display
This value will be visible to addy investors on the property page for this investment.
State whether the loan has recourse to the borrower. Common entries: “Full Recourse,” “Limited Recourse,” or “Non-Recourse.”
🔹 Position
External Display
This value will be visible to addy investors on the property page for this investment.
Enter the mortgage’s position on title (e.g., “1st”, “2nd”). This helps clarify which lender gets paid first in an enforcement scenario.
âž• How to Add More Than One Mortgage
Have multiple mortgages? Easy.
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Fill out the fields above for your first mortgage.
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Click + Add.
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Fill out the fields again for your second mortgage (or the mortgage for another property).
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Repeat as needed.
You can add as many mortgages as you need — just make sure each one is complete and accurate.
✏️ Edit or 🗑 Delete Existing Entries
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Want to fix a typo or update the interest rate? Click the pencil icon to edit.
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Need to remove a test entry or outdated loan? Click the trash can icon to delete.
đź“Ž Back it Up with Documentation
Every mortgage you input must be supported by uploaded documentation. That means:
âś… Loan agreement or commitment letter
âś… Term sheet (if applicable)
âś… Any amendments or addendums
Upload these directly to the Addy Business data room for your property. Our compliance team will review the docs to verify everything matches.
⚠️ A few pro tips
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Double check the Loan Term vs. Amortization – they’re often different.
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If you’re entering a 2nd position mortgage, make sure the Position field says “2nd.”
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If your loan is interest-only, you’ll still need to enter an amortization schedule (usually the one listed on the term sheet).
If you get stuck or have questions about how to enter your mortgage, just reach out to our team — we’re here to help.
🧠And remember: entering accurate loan data helps us streamline your raise and makes everything smoother for investors, too.