General Lending Guidelines

Maximum LTV:

1st Mortgage Pricing:

2nd Mortgage Pricing:

Lending Areas:

Minimum Loan Amount:

Maximum Loan Amount (Residential):

Maximum Loan Amount (Commercial):

Term:

Payments:

70%​

Rate: 6.95%​+             Fee: 1%+

Rate: 8.95%​+             Fee: 2%+

All Major Centers of BC​

$50,000​

$3,500,000​

$10,000,000+​

6-24 months​

Interest Only

Our Favourite Types of Loans:

1. Bridge Loans - Short term loans with a clear exit strategy

 

2. Commercial Loans - Multifamily, Industrial, Office, & Retail properties

 

3. Land Loans - Development sites with future value-added potential

 

4. ETO & Debt Consolidation - Small or large loans to turn equity into cash

Derek Chappell

Loan Origination & Lead Underwriter

Email:

Phone:

Cell:

derek@mandatemortgage.com

604-731-2899

778-989-4050

604-731-2899

505 - 1195 W Broadway, Vancouver, BC V6H 3X5