Our Mortgage Services

Our Mortgage Services Include

Borrowed Down Payment Services

When it comes to mortgage services, you need to keep in mind that you will need a minimum of a 5% down payment saved up. You don’t need to worry if you do not have it, there is always a solution. Our team of experts can provide mortgage options that let you borrow from a loan or from a line of credit for your down payment. Doing so will not change the fact that you will have access to the best mortgage rates in BC. You are not sure how to get started? We can help you to set up your loan or your line of credit.

Having access to these services is an amazing way to have access to those low-interest rates and housing prices even if you do not have enough saved up. The simple fact that you can pay your minimal interest rate instead of investing all of your capital at one time or instead of having to face the future interest rates & housing prices is one of the main reasons why we highly recommend buying sooner than later. Contact our team of expert mortgage brokers to find the perfect home for you and your family. Asim Ali and his team are here to help!

Purchases

It does not matter if this is you are a first-time homebuyer or if this is your 25th house, we are here to help you no matter what you need. Our team of expert mortgage brokers provides the best mortgage rates & services in all of Canada.

Our job is not only to help you find the perfect house, but it is also to educate you on the different options that you have in front of you. We will take the time to discuss with you about: self-employment programs, vacation property programs, no-down-payment mortgages and a lot more alternative ways of financing. Let us help you to find your house and make your dream home a reality.

Refinancing Services

You might be working toward improving your credit score right now and that is great! You might now qualify for new mortgage products that could allow you to get a better discount. You might also simply want to stabilize your mortgage payments by switching to a fixed-rate mortgage instead of a variable rate.

Refinancing is another great way to consolidate debt, to get capital to invest, for home improvement and other major expanses. Are you interested in refinancing your mortgage? Contact Asim Ali and his team today!

 

Commercial Mortgage Services

For those who do not know, a commercial mortgage is a specific mortgage product that is taken on commercial real estate. Most of the time, the borrower is a business or a company, not a single person. The company that takes a commercial mortgage can either be a limited company, incorporation or a partnership.

We are here to help our clients to obtain high-quality mortgage products year after year. The main types of property we deal with on a daily basis are offices, commercial plaza, a storefront with apartments, industrials & farmland and residential/commercial mixed. Such a variety of properties motivates our mortgage brokers to always stay alert and to find the best deals for you and your family.

B Lending

Does it make sense to work with alternative mortgage lenders? 

B Lenders are an alternative mortgage lender. They look to each and every situation on a case-by-case basis to see if you fit the criteria, but it’s more complicated than that. They take the time to analyze and understand what went wrong in the past. Did you file for bankruptcy? Do you have bad credit? They want to understand why these things happen and to look at the full story. If you are a business owner and you show low income because of all the write-offs you have accumulated in the year, they will look at all the documentation and estimate your real income without write-offs.

This method is there to allow more leeway for the borrower to qualify for a mortgage while being in a “different” situation than most people. If you are self-employed and do not have a lot of years of income to show, they will evaluate and estimate your income based on the standards and regulations of your industry.

Using the services of a B Lender is more expensive than using other services but it does allow you to buy your house even with bad credit. Once your credit/income improves, you can always go back to an A Lender.

Private Lender

A private lender is another source of financing for a mortgage that is normally used when your request for a mortgage has been refused by the bank and the B Lenders. These types of loans are usually short-term interest only and they are mostly ranging from 6 months up to 2 years. If you need help, do not worry, our team of experts can help you to find the best private lenders in BC. They will take the time to sit down with you and find the best mortgage product based on your financial situation.

We offer our help to anyone looking for a first, a second or even a third mortgage. Do not hesitate to call us for more information or if you need help with your mortgage.

 

Business Financing Services

Starting your own company is definitely not an easy thing and we know that. To make sure that everything works smoothly, it takes a lot of planning, work and of course, the capital. There are a lot of ways to generate capital, business loans are a good one. As a business owner, you might need to finance your business, buy new equipment, build a new location or hire more people.

One of the main advantages of using an unsecured business loan is that you can keep standards payments each month instead of the fixed daily. Buying an already running business is another great reason to use business financing services. Our team is here to help you succeed, give us a call!

Mortgages for Self Employed

More and more people each year are becoming self-employed, there is nearly 20% of people in Canada now that can fit under this category. Why then is it so hard for them to find a good mortgage product? 

  • It is not always easy to prove your full income to a lender
  • If you minimize your taxes payable by having high expenses, many lenders might not recognize your full income.

Asim Ali and his team understand your situation and they want to help. We work with a lot of different clients and lenders to make sure we can find the perfect mortgage for you! Let us do the research while you take care of your business.

Construction Financing

Even if it is an amazing project, building a home or starting a multifamily project comes with a lot of challenges. If you want to buy land, you will need a bigger down payment than you would need for a mortgage and the process is a little more complicated. 

You will still get a mortgage but the structure will be different as will the approach toward homeownership. Don’t worry, you still have options! 

It does not change anything for us if you are just looking to build a house or if you are a developer/home builder, our team is here and they are ready to help you to find the best mortgage option.