Residential

RESIDENTIAL MORTGAGE

 

Lendmark Mortgage Brokerage has access to CMHC insured mortgage lenders, conventional mortgage and non-bank lenders for BC residential properties. We provide owners with prompt and reliable mortgage solutions for construction, detached homes and condominium properties.

 

 

RESIDENTIAL SERVICES include the following:

1st & 2nd mortgages

3rd mortgages

Residential Equity Loans

Business for Self Clients

Challenged Credit

Foreclosure

Bankruptcy

High LTV (up to 95%)

Interim/Bridge financing

Lease-To-Own

Foreclosure

Refinance

HELOC

Construction

Secured Line of Credit

 

RESIDENTIAL LENDING GUIDELINES BUT NOT LIMITED TO:

 

TYPES OF MORTGAGES:

1st, 2nd and 3rd mortgages for any purpose.

NO credit or beacon score requirements.

NO debt servicing requirements.

NO income verification required in virtually all cases for 80% LTV – BFS and Stated Income.

Rentals, vacation and second properties considered.

Flexible payment terms – interest only, prepaid and interest accrual options.

We can arrange deals with Bankruptcies, Collections, and Judgments – even Foreclosures!

 

(Each of the lenders has different requirement).

EXAMPLE OF LOAN TO VALUE:

Up to 95% Loan to value: CMHC

Up to 85% Loan to value: Major urban residential properties

Up to 65% Loan to value: Small town, rural residential, mobiles on land

Up to 65% Loan to value: Raw land (serviced in urban area)/acreage properties

Up to 60% Loan to value: Farms and agricultural properties

Up to 55% Loan to value: Raw land (rural or unserviced)

 

 

RENT TO OWN

FORECLOSURE

CONDO/DETACHED HOMES

HOME EQUITY

FIRST TIME HOME BUYERS

NEW DEVELOPMENT

PRE-SALE

ASSIGNMENT OF SALE

RESIDENTIAL CONSTRUCTION

US INVESTMENTS

CONTACT US

Mailing Address:

401 - 8120 Jones Road

Richmond, BC V6Y 4K7

CANADA

Tel: 604-241-8658

FOLLOW US

LICENSE

BC License Mortgage Brokerage

# X300234

 

BC License Mortgage Broker

# 143259

 

 

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