Recently Funded

A Regularly Updated List of Our Funded Projects

 

Funded Projects

 
 

Single Family Home

langley, BC

  • Funded Amount: $2,300,000

  • Loan-To-Value: 61%

  • Open Term: 10.5%

  • Payout CRA Balance

  • 2nd Mortgage

Borrower had to payoff their CRA balance.

 

Single Family Home

Vernon, BC

  • Funded Amount: $2,000,000

  • Loan-To-Value: 68% LTV

  • Open Term: 9%

  • Foreclosure rescue

  • 1st Mortgage

Borrower fell behind on payments due to an injury and lender demanded the loan.

 

Commercial Strata

Burnaby, bc

  • Funded Amount: $350,000

  • Loan-To-Value: 65%

  • Open Term: 12%

  • Renovation loan

  • 2nd Mortgage

Corporate borrowers needed a renovation loan to build out a new office space.

 

Single Family Home

nanaimo, bc

  • Funded Amount: $740,000

  • Loan-To-Value: 70%

  • Open Term: 10.25%

  • Payout current lender

  • 1st Mortgage

Borrower had to payoff their current vendor take back mortgage.

 

Single Family Home

Surrey, bc

  • Funded Amount: $610,000

  • Loan-To-Value: 69%

  • Open Term: 11.35%

  • Payout current lender

  • 2nd Mortgage

Borrower had to payoff their current lender as their term was up and the new rate was greater than 14%.

 

Single Family Home

Burnaby, bc

  • Funded Amount: $400,000

  • Loan-To-Value: 75%

  • Open Term: 12.5%

  • Renovation loan

  • 2nd Mortgage

Borrower came to us looking for a renovation loan to make the home look more modern.

 

Single Family Home

AbbotsFORD, BC

  • Funded Amount: $1,500,000

  • Loan-To-Value: 62%

  • Open Term: 10.25%

  • Construction loan to build 2 homes

  • 1st Mortgage

Borrower needed funds to compete and build 2 side by side homes.

 

Single Family Home

SUrrey, BC

  • Funded Amount: $350,000

  • Loan-To-Value: 68%

  • Open Term: 11%

  • Payout current lender

  • 2nd Mortgage

Borrower needed money to payoff trades after they built there home.

 

Single Family Home

Vancouver, BC

  • Funded Amount: $220,000

  • Loan-To-Value: 32%

  • Open Term: 10.15%

  • Construction loan

  • 2nd Mortgage

Borrowers took out a construction loan to finish building their home.

 

Townhouse

Maple Ridge, BC

  • Funded Amount: $605,000

  • Loan-To-Value: 70%

  • Open Term: 9.90%

  • Payout current lender

  • 1st Mortgage

Our client was looking for a 1st mortgage to pay out their current lender as they did not want to renew.

 

Single Family Home

Surrey, BC

  • Funded Amount: $610,000

  • Loan-To-Value: 65%

  • Open Term: 11.35%

  • Payout current lender

  • 2nd Mortgage

Our client was looking for a 2nd mortgage to pay out their current lender. Their current lender needed their funds back for another investment.