Overview
Brokers value flexibility and fast approvals. The Capital West Mortgage Alternative Lending Division (ALD) satisfies that need by providing access to both the lending capabilities of a ‘non-traditional’ mortgage portfolio as well as those of Pacifica Mortgage Investment Corporation. With one submission, two mortgage options can be explored.
Ongoing regulatory changes and tightening credit guidelines have resulted in many finding it difficult to secure conventional bank financing. Individuals such as self-employed entrepreneurs, new Canadians, and those with challenges demonstrating income are finding this a problem. Capital West Mortgage Alternative Lending Division provides a solution to these problems with client-based service, flexibility and speed.
Background
Capital West Mortgage is an integrated mortgage company that provides funding solutions, as well as investment management services specific to mortgages and real estate. Capital West has successfully managed Pacifica Mortgage Investment Corporation since inception in 1994. Pacifica has grown to become one of Vancouver’s premiere mortgage investment corporations. The Portfolio currently sits at more than $200M in assets under management. Over the last 25 years Pacifica has offered competitive products to borrowers and the mortgage brokerage community. In addition to the Pacifica portfolio, Capital West draws upon a strategic partnership with a major credit union that allows us to offer funding of non traditional mortgage products.
The ALD team includes Shannon Hillman, Steve Canning, Sid Rubin, and Chris Baker.
For more information, call us today!