{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/5f40e1d663a141ce8ce24199f02fc77b\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/5f40e1d663a141ce8ce24199f02fc77b-992b723f33b571d2.gif","duration":1267.333,"title":"Vault Capital (13/10/26)","description":"This Loom provides a vault lender refresher, emphasizing why brokers should offer clients Vault as a flexible alternative to traditional B-lenders and private lending. The presenter highlights recently funded scenarios such as renewing first mortgages with rate and lender-fee improvements, paying out no construction loans with interest reserve, and bridge lending when buyers need time to sell. Vault’s near-B product uses institutional capital for 65% loan-to-value or less, with commitments in about four business hours, pricing between B and private, and streamlined documentation including three months of bank statements and an appraisal ordered after commitment. Key terms include an open one-year option with 30 days notice, a two-year option locked first year then open second year with a 1.5% fee and no renewal fee at one-year, plus broader geographic coverage in BC and Alberta. The Loom also covers an unsecured business working capital loan program up to 50% of monthly cash flow, with a 3% upfront broker payout and 1.5% trailer on renewal."}