GENERAL LENDING GUIDELINES
We concentrate our Lending primarily in major centres of BC i.e. the Lower Mainland, the Okanagan, and Vancouver Island. Alberta loans will be considered as well.
We deal primarily with floating rate, interest only mortgages with terms generally not exceeding two years. The borrower must have a predetermined exit strategy.
Loan amounts start at $50,000.
Minimum Fee: $2,000.
Lending is limited to 75% Loan to Value as appraised by a firm which has been approved by Mandate. See our Approved Appraisers List.