We will lend on commercial properties throughout BC. Our major concern is an ability to pay the mortgage and confirmation of no environmental contamination. If those risks can be mitigated, we can lend.
60%
Yes - require a population center of at least 2000 people within 50KM of the subject property.
| Document Name | Description |
|---|---|
| Subject Property Appraisal | An appraisal of the property by one of our approved appraisers. |
| Confirmation of Ability to Pay | An explanation and/or some bank statements or other proof confirming the client can afford payment. |
| Identification | Two pieces of ID, at least one being government issued. |
| Credit Bureau | An Equifax credit bureau for each borrower on the application, pulled within 30 days of submission. |
| Community Name | Max LTV | Special Terms |
|---|---|---|
| Salmon Arm | 55.0% | Special LTV for this community |