Chad:  Ironically, the Schedule 1 banks are not getting that lenient - the government has even pulled back the qualification and other regulations to where they were a decade ago to try and prevent a fiasco akin to what the U.S.A. suffered though in 2008/2009.I too am also very surprised, and wonder if the bank has placed a second (HELOC) on the other property, but perhaps a registered lien in Québec is sufficient to secure their position.Lisa - are you dealing with Desjardins?

the policies local governments enforce there are something else for property owners. 

But if the tax rolls and the assessments are certified as of a certain date for everyone, then the government is consistent and no one can claim unfairness .

Different in theory but the same strict government principle applies. 

In the multifamily sector I routinely see loan terms of 7-10 years with amortization based on a 30 year schedule. 

Logistics is a growing sector, and now home construction is starting to be a factor.  

The good news is that raising the lending limit doesn’t cost the Federal government more money, since the cost is covered by the fees paid by the borrowers.Should Congress fail to raise the lending limit in time, many of the loans destined for SBA 7(a) funding will have to pivot over to private money lenders for funding.

I don't focus on those sectors but I stay very busy with retail and the occasional MF.

That's a lot of spare change not having to go to the government if you sell now...

If you are disciplined enough to pay them once per year you can use the money to make more instead of giving it to the government to invest/hold until April.