Rates effective SEPTEMBER 14, 2023

LIMITED FUNDS AVAILABLE

BRITISH COLUMBIA – Residential Single Family (Owner Occupied)

1st MORTGAGES	Up to 65% LTV	Up to 70% LTV	Up to 75% LTV
Pop. over 7k	10.50%	10.85%	10.99%

Pop. 2.5k – 7k	11.00%	please call

ALBERTA – Residential Single Family (Owner Occupied)

1st MORTGAGES	Up to 65% LTV	Up to 70% LTV	Up to 75% LTV
Pop. over 7k	10.50%	10.85%	10.99%

Pop. 2.5k – 7k	11.00%	exception - please call	n/a

DISCRETIONARY RATE ADJUSTMENTS

Situation	Adjustments
2nd MORTGAGES	Add 2.50% to all rates
Non Owner Occupied	~~Add 1.00% to all rates~~ PRODUCT NOT AVAILABLE UNTIL FURTHER NOTICE
Single wide mobiles on land	~~Add 1.00% to all rates~~ PRODUCT NOT AVAILABLE UNTIL FURTHER NOTICE
Septic & Well water systems	Add .15% for each system to all rates

FEES

Type	Fee
Lender Fee	1.55% (minimum $900)
Application Fee	$270.00
Early payout	3 months interest
Renewal fee	VARIES
Broker’s fee	We collect your fee for you
1 year open available	Additional 100bps interest bonus, paid at closing

MOBILE HOMES ON PAD (BC ONLY) - VERY LIMITED FUNDS UNTIL FURTHER NOTICE

	SINGLE WIDE MOBILES	NEW! DOUBLE WIDE MOBILES
Criteria	Detail	Detail
Minimum loan amount	$25,000	$50,000
Maximum loan amount	Case by Case	Case by Case
Purchases	60% LTV (65% exception)	65% LTV
Equity Take Out	50% LTV	55% LTV
Rates	12.95% Purchases 13.25% ETO	12.20% Purchases 12.50% ETO
Term	1 year open	1 year open
Amortization	up to 25 years	25 years
Qualifying Mobile Home	Must be 2003 or newer OR substantially renovated.	Must be 2003 or newer OR substantially renovated.

Rates & Products