What type of a Mortgage are you Searching For?

1. Purchase = New Mortgage - Completed when purchasing:
- Mortgage for a new home
- Mortgage for an investment property
- Mortgage for a a secondary residence

2. Mortgage Renewal - Completed when an existing mortgage is about to expire. Best advice is to do this at least 5 months prior to the maturity date.

3. Mortgage Refinance - Some common reasons to refinance a Mortgage:
- Refinancing to reduce interest rates
- Refinancing for credit problems
- Refinancing for extra cash
- Refinancing to consolidate debts

Want to know how much mortgage financing you qualify for? Refer to our CMHC Mortgage Calculators to help you determine your monthly mortgage payments.

You will be contacted shortly (upon receipt of your mortgage information) regarding the status of your application. All the information you provide is strictly confidential. For more information, please refer to our Privacy Policy.

Guidelines to Applying Online
Along with the mortgage application, we also require you to sign and agree to our Client Consent Form, which will allow us to look for the best mortgage on your behalf.

We require a Co-Applicant if the following criteria apply:

• Your spouse will be contributing to the mortgage and will be on title
• You have another party which is, or will be on title such as a guarantor

A guarantor (co-signer) may be required under the following conditions:

• Insufficient income to debt service the mortgage
• Lack of job stability
• No established credit or poor credit

There are many types of mortgages available beyond the three noted above, below you will find helpful information to determine the best mortgage solution for you:

Self Employment Mortgages – For those who own or run their own businesses and need flexibility when it comes to proving their income.

Vacation Property Mortgages – for those looking to put as little as 5% down towards a secondary residence.

Rental Property Mortgages -  or investment property mortgages for those looking for the maximum in rental off-set towards the mortgage loan to qualify for the mortgage amount they need.

Private Mortgages – for those that cannot qualify for a bank approved mortgage and may need the alternative of a short term lending solution.

Commercial Strata Mortgages – for those that purchase a retail or commercial unit for leasing purposes or to operate a business.

Construction Draw Mortgages – A mortgage designed to be administered as installments during the course of new construction.

Home Equity Mortgages – other wise known as HELOC or Line of Credit mortgages for those that require “interest only” payments or a quick way to access home equity.

Readvanceable Mortgages – a mortgage registered for much more than the borrower actually needs so that if subsequent financing is required, no qualification or appraisal is required.

STEP Mortgages – a mortgage registered as one charge on title, but broken into separate components, example: part in a fixed, part in a variable, part in a line of credit.

Matrix mortgages – a mortgage with a line of credit set up behind it that grows as the principal is paid down on the mortgage portion; commonly used for the “Smith Manuever”.

Open Mortgages – no penalty or early discharge fees applied.

Closed Mortgages – penalty applied if paid off or discharged before its maturity date or end of term.

Variable Rate Mortgages – Those that have a floating interest rate; typically at a discount below the Bank of Canada Prime lending rate.  They come with a three month interest penalty, but are open to convertibility into a fixed rate.

Fixed Rate Mortgages – a mortgage for a specified term from 1 through 10 years at a fixed interest rate that will not change throughout the life of the term.  Penalty can be the greater of three months interest or the interest rate differential.

*Deeply Discounted Rates may come with some restrictions, call for more information (604) 328-3801.

Applicants must qualify to be eligible for deeply discounted interest rates - "AAA" Status