Current Guidelines

 
Residental 1st Mortgages 2nd Mortgages
Max LTV 75% 75%
Brokerage Fee Min. 2% – split 50/50 Min. 2% – split 50/50
Rates Call For Current Rates
Lending Areas Major Urban Markets in BC Major Urban Markets in BC
Minimum Beacon NONE – LTV reduced if < 500 NONE – LTV reduced if < 600
Min / Max Mortgage $100,000 – $50,000,000 $100,000 – $50,000,000
Income Stated Income Stated Income
GDS/TDS No GDS/TDS No GDS/TDS
Terms 1 year open, Interest Only 1 year open, Interest Only

Reasonable rates, $100,000 to $50,000,000 maximum lending amounts, Open for repayment at any time, Interest-only payments