Updates effective March 26, 2025

New Lower Rates! Low Fees! Fast Approvals!

BRITISH COLUMBIA

Lending on Single Family, Semi-detached, Condos, Townhouses, Mobiles on pad and on own land AND RENTAL PROPERTIES!

1st MORTGAGES	Up to 60% LTV	Up to 65% LTV	Up to 70% LTV	Up to 75% LTV
Pop. 7,000+		8.49%	8.74%*	8.95%*
Pop. 5,000 - 6,999		8.89%*	9.50%*
Pop 2,500 - 4,999	9.95%*	exception

ALBERTA

Lending on Single Family, Semi-detached, Condos, Townhouses, doublewide mobiles on own land AND RENTAL PROPERTIES!

1st MORTGAGES	Up to 60% LTV	Up to 65% LTV	Up to 70% LTV	Up to 75% LTV
Pop. 7,000+		8.49%	8.74%*	8.95%*
Pop. 5,000 - 6,999		8.89%*	9.50%*
Pop 2,500 - 4,999	9.95%*	exception

DISCRETIONARY RATE ADJUSTMENTS

Situation	Adjustments
2nd MORTGAGES	adjustment varies from 125bps to 200bps
Rental properties	SAME AS OWNER OCCUPIED
Single wide mobiles on land (BC ONLY)	Add .70% to all rates

FEES

Type	Fee
Our broker fee	1.55% (minimum $900)
Application Fee	$270.00
Early payout	3 months interest
Renewal fee	Minimum: $250 Maximum: 25bps
Broker’s fee	We collect your fee for you
1 year open available	100 bps* lender fee, paid at closing
Rate Buydowns	We like them! - Let's talk!

MOBILE HOMES ON PAD (BC ONLY)

	SINGLE WIDE MOBILES	DOUBLE WIDE MOBILES
Criteria	Detail	Detail
Minimum loan amount	$25,000	$50,000
Maximum loan amount	Case by Case	Case by Case
Purchases	65% LTV*	67% LTV*
Equity Take Out	55% LTV*	60% LTV*
Rates	10.45% Purchases 11.30% ETO	9.55% Purchases 10.55% ETO
Term	1 year open	1 year open
Amortization	up to 25 years	25 years
Qualifying Mobile Home	Must be less than 20 years old OR substantially renovated.	Must be less than 20 years old OR substantially renovated.

Rates & Products