Frequently Asked Questions

How quickly can you approve us ?

In most cases, we can have you approved within 24 Hours of receiving a completed application.

How do we Get Approved?

There are 2 simple ways to be approved. You can either fill out the Quick Application form and have one of our BC Mortgage Specialists contact you to discuss your Mortgage Options. One of our experienced Mortgage Brokers will contact you within 24 hours.
You can also Call Us directly at 1-888-652-2121 or 604-980-5459 for faster service.

My Bank said No, Can you still get us Approved.

The short answer is YES. Our approvals on Home Equity Loans are based on the Equity left in your home not your income or credit. Whether you are Self Employed and don’t claim all your income, you have bad credit or both, we can still get you Approved up to 80% of the value of your home.

Do I get a better deal by going directly to the lender?

It’s a common misconception in the residential mortgage industry that you can get a better deal from the lender directly. A mortgage broker does most of the work that a lender does and therefore receives a discounted “wholesale” rate from the lenders. This wide availability of products and lenders not only gives mortgage brokers an opportunity to find the loan best suited to the consumer, it also creates an opportunity to provide a very competitive price, thus saving the consumer time and money.

How come your rates are so much lower than other Banks and Lenders?

Lenders offer lower prices to brokers because brokers perform costly services for them that they would otherwise be forced to provide themselves. The most important of these services is finding and servicing customers’ needs.

What about service?

Quality of service is the most important aspect of choosing any lender or mortgage broker. Mortgage brokers are very often small businesses and don’t have a lot of money budgeted for marketing and advertising; consequently, their business grows most commonly by referral.

What is a good Mortgage Rate and how do the Interest Rates fluctuate?

Most people think their home is the biggest purchase they will ever make, but in actuality, their mortgage is the biggest purchase they will make. Over it’s term, you will probably pay more on the interest than you paid for your house. Saving a few fractions of a point on your interest rate can save you thousands on your mortgage.

Mortgage interest rates have fluctuated greatly the past 20 years. As a general rule, when the economy is heating up and stock prices are rising, interest rates tend to follow upward. In turn, as the economy cools off, interest rates tend to drop. Today, rates are much lower than they were in the mid-1980’s and 90’s. Most financial experts are predicting a rise in interest rates within the next year or two.

Contact Us

We also work with a wide variety of bad credit lenders and private lenders that offer different programs that fit almost every situation, even if your self employed!.

When the Bank says "NO", We say "YES".

Get approved now

Approvals in 24 Hours

Apply Now 604-980-5459