B405- 20020 84 Ave Langley BC
Lending Services
What we offer
Broker Service Guides You Beyond Rate Financing
The competitive mortgage industry comes with a variety of options, lending rates, terms, and bundles of documents which can be overwhelming but eventually, this will be paid off over time.
01
First Time Home Buyers
02
Home Equity Line of Credit
03
Mortgage Refinancing
04
Investment Properties
05
Alternative Lending or Private Mortgage
06
Construction Mortgage
Our Partners
Institutions You Trust
First Mortgages Home
First Time Home Buyers & Newcomers to Canada?
First Mortgage is your initial purchase, you have never owned a registered interest in a principal residence property. But you have saved enough for a down-payment. No matter what your situation is, we can help you with the step-by-step process, advise you on the benefits of the home buyer’s program and get you a mortgage with a minimum down payment of 5% (subject to conditions) *
Goldfield Lending- Professional Mortgage Service can take care of your borrowing hassle and financing details ! So you can get down to finding just the right property as fast as possible……..
HELOC
Home Equity Line Of Credit (HELOC)
A HELOC (Home Equity Line of Credit) allows you to borrow equity from your home or business using collateral.
HELOCs are reloving credit productthat comes with lower interest rate than credit cards. Normally approved and attached with your existing mortgage, which becomes a segment under the umbrella of HELOC.
HELOC is a flexible lending product
Things that Matter!
- Monthly payments can be interest only, which will fluctuate with the bank’s prime rate (set by the Bank of Canada)
- Access large amounts of loan for debt consolidation to improve your credit, take a vacation, or pay for higher education whatever fits your lifestyle. Beneficial tool in unforeseen medical emergencies.
- Provides you repayment term options amortized with your mortgage or opt for monthly payment of principal and interest.
Mortgage Refinancing
Get the Mortgage you deserve, Things that Matter!
Mortgage refinancing – is when the property owner either residential or commercial decides to replace your existing mortgage with a new lender. This is a quick and easy process to – pay-off high-interest debts – improve monthly cash flow on one EASY PAYMENT.
Why should you choose a Mortgage Refinance?
Reasons why Canadians choose to refinance their mortgages
- To get a lower and more competitive refinancing interest rate
- Change existing Variable rate mortgage into a Fixed rate to save money, and time and get peace of mind
- Become Debt free – Borrow equity to pay down debt
- Purchase another property, investment, or vacation home
- Overcome bad decisions made in the past and want to change your lender
Investment Properties
Buy & sell strategy can be used with newly constructed property.
The Real Estate market in Canada has been booming over the years and there has been an increase demand in housing. Whether it is a newly built home or rental property. We can help you to build or
diversify your real estate investment portfolio.
3 Reasons to include Real Estate in your investment portfolio
- You can take advantage of buy-and-hold propositions
- Earn positive cashflows to supplement
- Appreciation of property value over time will increase your net worth. Which is one of the key factors used in lending
Most common area of developments are in low-rise condominiums or townhomes. Mortgage underwriting for multi- residential apartment buildings or commercial office are reviewed with conditions.
Private Mortgage
Private Mortgage can provide you quick and easy capital
Private Mortgage or Alternative Lending is not done through traditional banks but syndicated by private corporations and individuals who provide capital to finance your purchase of real estate. The procedure of documents and applications is the same as a mortgage application. There are certain restrictions placed such as owner-occupied, investor-owned, construction projects, commercial office buildings, and equipment financing all must be secured.
Private & Alternative Lending has become a useful tool after changing market conditions, interest rates,s and due to other economic factors.
Things that Matter!
- Due to a number of risks lenders charge higher interest rates than banks.
- Lenders limit their area of interest but provide solutions for payment arrears, and help to improve your financial situation due to bad credit or high debt ratio that blocks you from getting a loan elsewhere
- In case of emergency, bad credit, or loss of income can lead to bankruptcy but can be avoided with alternative financing
Construction Mortgage
Build Your Dream Mansion! Using our lending service
We can provide you with guides to dream your dream home. Handle the financial aspect of your project.
Custom homes owner built have enhanced features that at the end of the project will be matched with market value.
Construction loans do not come in a lump sum but are given as a draw-mortgage based on the percentage of completion.
Things that Matter!
- The property is appraised by the lender- an approved appraiser
- The percentage of completions method is used for costing
- A contingency fund must be set aside, for changes in the cost of improvement or development. For more information
