Updates effective September 19, 2025
BRITISH COLUMBIA
Lending on Single Family, Semi-detached, Condos, Townhouses and Mobiles on pad and on own land
| 1st MORTGAGES | Up to 60% LTV | Up to 65% LTV | Up to 70% LTV | Up to 75% LTV |
|---|---|---|---|---|
| Pop. 7,000+ | 8.35%* | 8.59%* | 8.70%* | |
| Pop. 5,000 - 6,999 | 8.49%* | 8.64%* | 8.89%* | 9.20%* |
| Pop 2,500 - 4,999 | 9.49%* | exception |
ALBERTA
Lending on Single Family, Semi-detached, Condos, Townhouses and doublewide mobiles on own land
| 1st MORTGAGES | Up to 60% LTV | Up to 65% LTV | Up to 70% LTV | Up to 75% LTV | |
|---|---|---|---|---|---|
| Pop. 7,000+ | 8.35%* | 8.59%* | 8.70%* | ||
| Pop. 5,000 - 6,999 | 8.49%* | 8.64%* | 8.89%* | 9.20%* | |
| Pop 2,500 - 4,999 | 9.49%* | exception |
|
DISCRETIONARY RATE ADJUSTMENTS
| Situation | Adjustments |
|---|---|
| 2nd MORTGAGES | adjustment varies from 125bps to 200bps |
| 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 | 67% LTV* | 70% LTV* |
| Equity Take Out | 55% LTV | 65% LTV* |
| Rates |
10.25%* Purchases |
9.30%* Purchases |
| 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. |
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