To build a stronger partnership and to better serve your clients’ lending needs, we fully disclose all our rates and terms for each province.

1ST MORTGAGES IN URBAN AREAS

LTV Starting Rate Starting Fee*
Less than 50% 5.99% 2.0%
50% to 60% 6.25% 2.0%
60% to 65% 6.99% 2.0%

2ND MORTGAGES IN URBAN AREAS

LTV Starting Rate Starting Fee*
Less than 50% 7.75% 2.0%
50% to 60% 7.99% 2.0%
60% to 65% 8.49% 2.0%

Rural pricing is case by case.

Important Notes & Conditions:

  • Renewals: 1% fee with a minimum $350 and a maximum of $1500
  • Open period on fixed terms: All fixed terms have a 30-day open period before maturity
  • Penalties: 3-months interest
  • Partial Interest (min 50% ownership): We will do partial interest mortgages in BC
  • Deal size: Min $25,000
  • 2nd behind CHIP: Up to 65% in major urban areas