Residential

BC RESIDENTIAL

MORTGAGE

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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