What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 9am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

ClarionMortgage.ca

Home
Canada
North Vancouver, BC
ClarionMortgage.ca

We specialize in finding mortgage solutions for Borrowers who do not qualify for traditional or institutional financing.

09/19/2023

Recent funding: Our Borrowers, who are repeat clients, required a mortgage to purchase a condo at Fernie Alpine Resort. The Borrowers only wanted to put down 10% so we placed collateral charges on 3 of their other properties to bring the combined Loan-to-Value down to 47%. The Borrowers intend to rent the condo for part of the year so can apply for traditional financing once they have proven rental income. For the other part of the year, the Borrowers will stay in the condo and enjoy ski-in, ski-out privileges!

08/31/2022

Recent Funding: Borrowers required a $2.75M 1st mortgage to complete the purchase of this North Vancouver heritage home located on 2 legal lots. Borrowers intend to renovate and re-sell the property and as such they needed a fast and flexible private mortgage!

05/06/2022

Recent Funding: New $260,000 1st Mortgage over a “Leaky Condo” in East Vancouver. Borrower owns a 2 bedroom condo in this complex that is undergoing a major repair. Borrower did not have the required funds to pay the special assessment and did not want to sell in a compromised position. Our mortgage will be funded in 3 draws, to match their special assessment payments, over the next 18 months. Once the building work is complete, our mortgage will be refinanced with a traditional mortgage.

04/29/2022

Recent Funding: Borrower required a $2,175,000 First Mortgage to purchase 12 rental townhouses in Fort McMurray Alberta. This was part of a larger purchase and the Borrower arranged other financing for the additional units. After a year of proven rental income, the Borrower will be able to refinance this debt with a traditional institution.

04/20/2022

Recent Funding: Another example of a quick and easy Bridge Loan! Borrower required a $500,000 1st Mortgage to complete the purchase of a West Vancouver Townhouse. Funds are only needed for 2 months until the sale of their existing house which is under contract. We were able to arrange very favourable terms given the low Loan to Value and the strong Exit Strategy.

12/16/2021

Recent Funding: Borrower required a $1,675,000 1st Mortgage to complete the purchase of 9 units in this Mission strata apartment building. The Borrower and his partners acquired a controlling share of the units and will complete minor building upgrades along with extensive unit renovations before reselling each of the units.

11/24/2021

Recent Funding: $2.0M 1st Mortgage over this commercial building in Whistler, BC. The Borrower required an Equity Take-out for business investment. We were able to provide them fast and easy mortgage solution!

10/25/2021

Recent Funding: Borrowers required a $1,045,000 1st mortgage to complete the purchase of this hall in Aldergrove, BC (pic 1), which will be renovated to expand their wedding business. The loan to purchase price ratio was high, at around 87%. So we put an Inter-Alia 2nd charge over their house in Coquitlam (pic 2). This brought the combined loan to value down to 68%.

03/10/2021

A rendering of our most recent Mortgage Finance on the Sunshine Coast! Borrower required a $1.0M 2nd Mortgage to build this spectacular waterfront home! They used traditional 1st mortgage financing to purchase the lot, our mortgage will fund the construction draws.

01/22/2021

Recently funded; a $2.3M First Mortgage! Borrower required funds to refinance existing debt and to finish the construction of 5 partially completed cabins. This is an amazing lakefront property, only 20 minutes from Big White ski resort. The Borrower intends to build and sell 50 strata units on the property. This would be a great place to own a year round recreational property!

10/21/2020

Recent Funding: $500,000 1st Mortgage to complete the purchase of a strata warehouse in Surrey BC. Borrowers had found a tenant before the purchase completed, but they were unable to obtain bank financing without income history. Term of the loan is 1 year, at which time they should be able to refinance.

10/02/2020

Recent Funding: $500,000 2nd Mortgage over this house under construction in Whistler! Borrower had the house approximately 75% complete but needed some extra funds to get him across the finish line. The loan will be funded in draws as work is completed. Borrower has take out financing from his bank ready to pay this loan back as soon as occupancy has been granted, which is expected to take place only 3 months after funding!

Address

#211 – 901 W. 3rd Street
North Vancouver, BC
V7P3P9

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+16049983373

Website

http://ClarionMortgage.ca/

Alerts

Be the first to know and let us send you an email when ClarionMortgage.ca posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to ClarionMortgage.ca:

Shortcuts

Address
Telephone
Opening Hours
Alerts
Contact The Business
Claim ownership or report listing

Want your business to be the top-listed Finance Company in North Vancouver?