Broker Rates

Current Lending Rates

We lend across BC, including smaller and more rural markets, so pricing is tied to risk in the specific lending area. Lower-leverage files priced well under the max LTV for a town and product usually get better rates. Files closer to the max LTV we would consider for that town and product are priced higher.

Starting from

8.75%

Get a Quick Rate Estimate

Example: if a town and product support a likely max around 60% LTV, a file at 50% is priced more favorably than one at 58% or 60%.

Standard broker quotes show calculator rate +/- 0.50%. Rates and fees can change without notice. Final approval remains file specific.

File LTV vs Possible Max LTV	Read down the left side based on how the requested LTV compares with the likely max for the file after community, product, credit, and proximity are considered.
Credit Score	Read across the top row using the borrower credit band, then match it to the left-side file-LTV row.

File LTV vs Possible Max LTV	Credit Score
	720+	600-719	550-599	Below 550
Exceeds max LTV File may still work, but it will usually need discussion.	10.50%	11.00%	11.50%	12.00%
0% to 5% under max LTV Requested LTV is close to the likely max.	10.00%	10.25%	10.50%	11.00%
5% to 10% under max LTV Requested LTV is moderately below the likely max.	9.50%	9.75%	10.00%	10.25%
10%+ under max LTV Requested LTV is comfortably below the likely max.	9.00%	9.25%	9.50%	9.75%

Each file is reviewed on its own attributes and subject to final approval. The calculator still adds deal-specific premiums for property type, mortgage position, property proximity, product, and lending area.

Rate Premiums

These are the main file-level premiums that can move pricing off the base grid.

Lending area premium

Stronger lending areas -0.25%

Standard lending areas 0.00%

More selective lending areas +0.25%

Most selective lending areas +0.50%

Mortgage position

First position 0.00%

Second position +0.75%

Inter alia +0.25%

Property type

Owner occupied 0.00%

Rental +0.25%

Bare land +0.50%

Specialty +0.75%

Property proximity

In the nearest lending community 0.00%

Within 15 min drive (~20 km) +0.10%

15 to 30 min drive (~20-40 km) +0.25%

30+ min drive or 40+ km away +0.50%

Product Premiums

Equity Lending 0.00%

Variable Income 0.00%

Credit Repair and Debt Consolidation 0.00%

Purchases 0.00%

Bridge Financing/Fully Open Term 0.00%

Bare Land and Unique Properties +1.00%

Lender Fees

Fully closed

Lender fee for fully closed mortgages.

1.25%

Open After 3 Months

Fee for loans that can be paid out after 3 months without penalty

1.50%

Fully Open

Fee for fully open loans that can be paid out anytime without penalty

2.00%

Minimum lender fee: $1,500 on all mortgages.

Need a file-level answer?

Use the broker calculator for a faster estimate when the file is close to the line, outside the likely max, or needs a more exact combination of adjustments.

Open the Rate Calculator