About Cornell K. Haynes — Commercial Real Estate Mortgage Expert
Most mortgage agents discover commercial real estate by accident — a residential client owns a small plaza, and the agent figures it out. Cornell K. Haynes took the opposite path. He spent 13+ years inside institutional commercial real estate before becoming a licensed mortgage agent. That background is the foundation of every deal cornellmortgages.ca brings to market.
Entity & Credentials
Cornell K. Haynes is an Agent Level 2 licensed by the Financial Services Regulatory Authority of Ontario (FSRA), License Number M22004316. He operates under Ncompass Financial Inc. (Principal Broker: Mark Hart, 40+ years CRE) licensed under R.D.M. Financial Consultants, Lic No. 10716 (The Mortgage Centre Canada Commercial) providing access to a national lender network.
Cornell has a b.comm with a focus on real estate and finance from the University of Guelph (2011) and a Post Graduate Valuation Certificate (PGVC) from the University of British Colombia (2014).
Cornellmortgages.ca is an online platform operated by Perseverance Asset Management (1000339497 Ontario Inc.), which is wholly owned by Cornell K. Haynes. This online platform is to provide investors and entrepreneurs with commercial real estate resources and to facilitate commercial real estate financing and advisory services on behalf of Ncompass Financial Inc. The head office of cornellmortgages.ca is in Toronto/Scarborough at 2739 Eglinton Avenue East, M1K 2S2 and the brokerage head office of Ncompass Financial Inc. / R.D.M. Financial consultants is in Oakville at 302-2904 South Sheridan Way, L6J 7L7.
13+ Years of Institutional Commercial Real Estate
Cornell's career in commercial real estate began in CRE appraisal — the discipline that teaches you to see a property exactly as a lender does. From there, he moved into investment and asset management, where he oversaw the valuation and investments for an industrial property focused private REIT in Ontario, that held CRE investments throughout Canada.
Over 8.5 years in CRE investment, Cornell completed over $5.5 billion in transaction activity across industrial and retail assets in Ontario, Quebec, British Columbia, Alberta, Manitoba, Saskatchewan and Nova Scotia. This work included first-hand acquisition and dispositions of unique industrial properties — data centres, climate-controlled facilities, and specialized logistics assets — that require lenders with specific appetite and structuring expertise.
Perseverance Asset Management
Cornell is the founder of Perseverance Asset Management, a firm built on the principle that commercial real estate investment should be approached with the same discipline used at the institutional level — regardless of deal size. The asset management background informs how he structures mortgage deals: with an investor's perspective on exit strategy, hold period, and long-term capital cost.
In short, any retainer for non-debt based services is payable to Perseverance Asset Management. Any debt based services are governed by FSRA through Ncompass Financial Inc. / R.D.M. Financial consultants.
Non-debt based services include commercial real estate investment advisory and underwriting due diligence and Commercial Real Estate Portfolio Asset Management (minimum AUM $10 million).
Affiliations & Network
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Ncompass Financial Inc. — Brokerage of record; Principal Broker Mark Hart (40+ years CRE)
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The Mortgage Centre Canada (MCC) — Commercial lending network, national lender access
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Grand Highlands Home Builders' Association (GHHBA) — Active member, development sector
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Shaw Realty Group, Brokerage — Southwestern Ontario real estate network
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Perseverance Asset Management — Founder
Cornell is a University of Guelph alumnus, with professional roots in the Waterloo Region and broad connections across Ontario's commercial real estate development and investment community.
What This Means for Your Commercial Mortgage
When you bring a commercial deal to cornellmortgages.ca, it is reviewed with institutional-grade rigour: stabilized NOI calculation, DSCR analysis, cap rate benchmarking against comparable sales, vacancy stress-testing, and lender placement based on deal-specific criteria — not just rate. Deals are packaged the way a lender's credit team expects to receive them, which shortens timelines and increases approval confidence.
For complex assets — mixed-use with unusual tenancy, industrial with specialized use, hospitality in a secondary market — the ability to credibly underwrite the deal is often the difference between a funded file and a declined one. That is the core value cornellmortgages.ca brings to every engagement.
Service Areas — Ontario CRE Markets
cornellmortgages.ca arranges commercial mortgage financing across the following Ontario cities and regions:
Toronto and Scarborough (GTA East) · Hamilton (Ancaster, Dundas, Stoney Creek, Flamborough, Glanbrook, Waterdown, Binbrook) · Niagara–St. Catharines (Niagara Falls, Welland, Fort Erie, Thorold, Grimsby, Lincoln, Niagara-on-the-Lake) · Guelph · Brantford · Burlington · Oakville · Kitchener-Waterloo and Cambridge (Waterloo Region) · Ottawa · London · St. Thomas · Windsor
In-person appointments at Toronto/Scarborough and Oakville offices. Virtual consultations available for all Ontario markets. Available 7 days a week.
Frequently Asked Questions —
About cornellmortgages.ca
Who is the commercial mortgage agent at cornellmortgages.ca?
Cornell K. Haynes, Agent Level 2 (FSRA M22004316), is the principal agent. Cornell has 13+ years of institutional CRE experience, including appraisal, private REIT management, $5.5B in transaction activity, and two $100M development funds.
What brokerage does cornellmortgages.ca operate under?
cornellmortgages.ca operated by Cornell K. Haynes, Agent Level 2, who operates under Ncompass Financial Inc. and is licensed under R.D.M. Financial Consultants Lic. No. 10716. The site is legally owned by Perseverance Asset Management (1000339497 Ontario Inc.).
Does cornellmortgages.ca work with CMHC on insured commercial mortgages?
Yes. cornellmortgages.ca structures CMHC MLI Select applications for eligible multi-family rental properties, offering amortizations up to 50 years and access to Canada's most competitive insured mortgage rates. CMHC applications require detailed underwriting — the institutional background at cornellmortgages.ca is directly applicable.
What is the DSCR requirement for a commercial mortgage in Ontario?
Most conventional lenders require a Debt Service Coverage Ratio (DSCR) of at least 1.20x — meaning the property's NOI must be at least 20% above its annual debt service obligations. CMHC-insured multi-family products may have different thresholds. cornellmortgages.ca will model your DSCR before lender submission to ensure your deal is positioned correctly.
Can cornellmortgages.ca arrange financing for properties outside Toronto?
Absolutely. cornellmortgages.ca actively serves Hamilton, Niagara–St. Catharines, Guelph, Brantford, Burlington, Oakville, Kitchener-Waterloo, Cambridge, Ottawa, London, St. Thomas, Windsor, and all communities within these regions. Virtual consultations are available for any Ontario market.
What types of properties does cornellmortgages.ca NOT finance?
cornellmortgages.ca is able to provide lending on any asset secured by real estate including commercial and residential assets. However, cornellmortgages.ca is primarily focused on commercial real estate. Residential purchases (1-4 units) and owner-occupied residential refinancing are not outside the practice scope. The focus remains upon income-producing commercial assets and development projects.
How does cornellmortgages.ca's CRE appraisal background help mortgage clients?
CRE appraisers understand how lenders see a property — stabilized income, cap rate benchmarks, depreciation, and comparable sales. This means cornellmortgages.ca can anticipate how a lender will value the property before the formal appraisal is ordered, avoiding surprises that blow up deals and waste due diligence costs.
Is cornellmortgages.ca available for evening or weekend consultations?
Yes. cornellmortgages.ca is available 7 days a week during regular business hours. Appointments out side of regular business hours may be accommodated. Reach out to us and set up an appointment. Commercial real estate deals often move on investor timelines, not banker hours. Both in-person and virtual appointments are available.