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Assumption Life

Listed
Direct business lender for commercial real estate loansMoncton, New BrunswickBased in New Brunswick; service area not yet provided
BBLL 000255Listed Nov 2026From public recordsLast checked Nov 1, 2026
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About

Assumption Life provides commercial mortgages for Atlantic Canadian multifamily, office and retail property, with fixed closed terms and lending based on property value.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Commercial real estate loans
General small business
From the lender's own site and public records.

A second look at Assumption Life

Assumption Life provides commercial mortgages for Atlantic Canadian multifamily, office and retail property, with fixed closed terms and lending based on property value.

Assumption Life’s commercial mortgage department describes direct application review and approval, without intermediaries; this is an insurer’s property lending service.

Published by Levr, not by Assumption Life. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Financing programs

Geography
Commercial loans are available in New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.
Property and leverage
Finances multi-residential, office, retail and other commercial property, with a published maximum of 75% of property value.
Term and process
Offers closed fixed terms from one to ten years and reviews applications through its own commercial loans team without intermediaries.

Provider sources: Commercial mortgages · Business offerings and direct review role

When it may fit

Our assessment of the published programs

  • Atlantic Canadian commercial property owners seeking a fixed-rate mortgage rather than general operating finance.

What to weigh carefully

  • Closed terms can restrict early repayment; the 75% figure is a maximum subject to property and borrower review.

Questions before you accept an offer

  1. How will you value our property, what debt-service coverage is required, and what prepayment charges apply?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

BDC

Compare BDC for a bank financing route in CA; confirm service in NB, business eligibility, collateral and proposed terms.

Royal Bank of Canada

Compare Royal Bank of Canada for a bank financing route in CA; confirm service in NB, business eligibility, collateral and proposed terms.

The lender

Type
Direct business lender
Legal name
Assumption Mutual Life Insurance Company
Founded
1903
Charter
Not yet provided Add it
Headquarters
Moncton, New Brunswick
Service area
Based in New Brunswick; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
assumption.ca
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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