How to Make Loan Payments for your Hard Money Loan

This guide provides instructions for making monthly loan payments to 1340291 B.C. LTD.

Overview: This guide provides instructions for making monthly loan payments to 1340291 B.C. LTD. Payments are due on the first of each month and must be received by 12:00 PM (noon) PST on that day. Payments received after noon PST will incur a $100 late penalty plus accrued interest at the rate specified in your loan agreement.


The monthly payment amount is specified in your signed mortgage agreement (also known as Form B) under the section labeled “Amount of each periodic payment.” Refer to this document for the exact amount to ensure each payment is accurate.

Payment Options:

Option 1: Pre-Authorized Debit (PAD)

If you’ve opted for PAD, funds will be automatically withdrawn from your account through Electronic Funds Transfer (EFT) on the first of each month.

  • Important: Ensure sufficient funds are available in your account on the payment date to avoid a $100 Non-Sufficient Funds (NSF) fee if the withdrawal fails. Additional late fees may also apply for missed payments.
  • Updating Bank Information: If you need to update your bank details, please email lending@addyinvest.com at least 10 business days before your next payment is due.

Option 2: Interac e-Transfer

If you prefer to make payments manually, you can send an Interac e-Transfer to 1340291 B.C. LTD. Payments must be sent by 12:00 PM PST on the first of each month to avoid late fees.

  1. Log in to your online banking and select Interac e-Transfer.
  2. Send the payment to lending@addyinvest.com.
  3. Include the PID/Plan Number in the message or reference section to ensure correct processing.
  4. Auto-deposit is set up for, so no questions or answers are required. 

Important Payment Details:

  • Due Date: Payments are due on the first of each month.
  • Payment Cut-off Time: Payments must be received by 12:00 PM (noon) PST on the first of each month. Payments received after this time will be considered late.
  • Late Payments: Late payments incur a $100 penalty and additional interest at the rate specified in your loan agreement.
  • NSF Fee: A $100 NSF fee will apply for any payment attempts that fail due to insufficient funds, with potential late fees if not corrected promptly.

Need Assistance?

If you encounter any issues with your payment or have questions about these instructions, please contact our support team at lending@addyinvest.com.