Office Building in Vancouver
Commercial mortgages for a recent immigrant who has no job and income from Canada purchased this Office Building. We helped with financing of $3.8 million. The client was happy with the extremely low mortgage rate.
Warehouse in Richmond
An investor purchased this warehouse in Richmond. He was told elsewhere that he could only qualify for a mortgage amount of $600,000. However, we got him approved with $1.3 million. In addition, the mortgage rate was among the lowest in commercial mortgages at that time.
Industry Building in Surrey
An industry property with long term lease. However, long term lease often means the actual rent is lower than market rent. We were able to stretch DSCR, a crucial indicator in commercial mortgages, as low as possible and got the client with a satisfied mortgage amount.