Mortgage broker for Burnaby.

Constantly. Burnaby has more active high-rise pre-sales than any other Metro Vancouver city right now. We arrange assignment financing, end financing with extended rate holds, and we know which buildings have completion delays that need a 24-month rate hold rather than 12.

Yes. Most Burnaby detached homes have suites, many unauthorized. We use lenders that count rental income from unauthorized suites with a market-rent appraisal, where the big banks count zero — that difference often makes or breaks affordability.

Student-rental investment files near SFU and BCIT need lenders comfortable with multi-room rental income and shorter lease terms. We have programs that underwrite based on actual rent rolls rather than the conservative market-rent estimates the banks default to.

These get pushed to commercial pricing at most banks even when the residential portion dominates. We have residential-style lenders for mixed-use up to 4 commercial units, keeping you on residential rates and amortization.

Burnaby is our home turf — we close everything from $400,000 Edmonds condos to $5,000,000 Capitol Hill detached purchases. DLC Master Top 5% (2025), CMP Rising Star, Diamond and Platinum award winner, and over a decade of Metrotown, Brentwood, Lougheed and Burnaby Heights files. We know which of 90+ lenders to lead with for each Burnaby quadrant instead of running the file through a national template.

Yes. With Capitol Hill, Burnaby Heights, Deer Lake and Buckingham detached values where they are, most owners sit on $500,000–$2,000,000+ of equity. We arrange standalone HELOCs up to 65% LTV, readvanceable Manulife One accounts and second-position HELOCs behind your existing mortgage when breaking it doesn't pencil.

Regularly. Burnaby refinance files often pull post-pandemic equity to consolidate credit cards, lines of credit and car loans into a single mortgage payment. We model the breakage penalty (IRD vs 3-month-interest) against the long-term savings and only recommend the refinance when the math actually works.

Terms get used loosely, but only mortgage broker is a regulated title under BCFSA in BC. We're licensed sub-mortgage brokers — independent of any single bank, shopping 90+ lenders across BC. A bank consultant or specialist only sells that bank's products; brokers have no quota and no rate-sheet bias.

Yes — first-time buyers are a major part of our Burnaby book, especially Edmonds, South Burnaby and Highgate condos and townhouses. We layer the First Home Savings Account, RRSP Home Buyer's Plan, gifted down payments and co-signers to get you in with as little as 5% down on properties up to $1,499,999.

Yes — and Capitol Hill, Burnaby Heights and Buckingham detached purchases routinely cross $2,000,000. Once loan size crosses $1,500,000, A-lenders apply sliding-scale LTV restrictions. We have credit-union, private-bank and monoline programs that hold higher LTV at $2,000,000, $3,000,000, $5,000,000+ — the difference between closing the deal and restructuring the down payment.

Yes. When a bank declines — bruised credit, unreported income, a tight ratio, a tax-arrears situation, or a property the A-lenders won't touch — we place private 1st and 2nd mortgages in Burnaby through MICs and individual investors we've worked with for years. Typical terms are 6–24 months, interest-only, with a clear exit plan back to an A or B lender. We quote the all-in cost up front (rate + lender fee + broker fee + legal) so there are no surprises, and we don't write a private deal unless the exit is realistic.

Yes. Burnaby — especially Burnaby South, Capitol Hill and Deer Lake — has a strong base of 55+ homeowners sitting on significant equity but qualifying poorly on income alone. We arrange CHIP Reverse Mortgage (HomeEquity Bank) and Equitable Bank's PATH Home Plan to draw tax-free funds with no monthly payments required. We model the long-term equity erosion honestly, compare it side-by-side with a HELOC, a standard refinance, or downsizing, and only recommend a reverse mortgage when it's genuinely the best fit — not the default.

Yes — extensively. Burnaby — particularly Brentwood, Metrotown and the SFU slope has one of the largest Iranian-Canadian communities in Canada and we handle these files constantly: newcomers on work permits or PR within the first 5 years, returning Canadians with assets held abroad, buyers with foreign-sourced down payments that need proper paper trail under FINTRAC, and self-employed business owners whose taxable income doesn't reflect real cash flow. We have Farsi-speaking support, lenders comfortable with foreign-asset documentation, and we structure files around sanctions-related banking constraints rather than letting them kill the deal.

Often, yes. Burnaby has a high concentration of dual-income professionals, business owners and investors carrying meaningful cash balances alongside the mortgage. Manulife One collapses your chequing, savings, mortgage and HELOC into one account, so every dollar sitting in cash offsets mortgage interest daily — frequently saving 5–7 years of amortization for clients with strong cash flow. The rate premium over a plain mortgage is real, so we model it against your actual deposit patterns before recommending it. If the math doesn't work we'll tell you, and we'll often pair it with a readvanceable structure instead.