New Wave Lending

New Wave Lending New Wave Lending works with both individuals and companies to provide them with the lending option best suited for their needs.

New Wave Lending works with both individuals and companies with borrowing needs through various stages.

📣 The move was expected by economists after Statistics Canada released its June labour force survey last week showing th...
07/12/2023

📣 The move was expected by economists after Statistics Canada released its June labour force survey last week showing that Canada added 60,000 jobs last month — further contributing to an overheated economy.

Some of the country's biggest lenders, including the Royal Bank of Canada, CIBC, Bank of Montreal and TD Bank, have already announced that they will match their increase effective Thursday to align with that of the central bank's.

The effects of interest rate hikes can sometimes take a year or a year-and-a-half to play out in the economy.

“The Bank said in a statement accompanying the decision that policymakers felt the previous rate of 4.5 per cent was “no...
06/07/2023

“The Bank said in a statement accompanying the decision that policymakers felt the previous rate of 4.5 per cent was “not sufficiently restrictive” to bring inflation back down to its two per cent target.

The Bank of Canada said it will continue to monitor excess demand in the economy, inflation expectations, corporate pricing decisions and wage growth in the months ahead to see if data is in line with inflation cooling to two per cent.”

Our clients were closing on a future development townhouse site in Mission BC. 🔎Most lenders were looking at the residen...
05/23/2023

Our clients were closing on a future development townhouse site in Mission BC. 🔎

Most lenders were looking at the residential value which was lower than the purchase price. 🤔

We were able to place this loan with one of our private lenders who financed 65% of the purchase price using a commercial appraisal. 🙌🏽

Another great solution for our clients using common sense lending that works for both our lender and borrowers! 🤝

🚀 Our clients needed a quick and seamless equity takeout loan to purchase a commercial investment property. 🎯 With signi...
05/05/2023

🚀 Our clients needed a quick and seamless equity takeout loan to purchase a commercial investment property.

🎯 With significant equity to tap into, we were able to provide them with a ultra quick and competitive 2nd mortgage financing option for their other purchase.

"You do not rise to the level of your goals. You fall to the level of your systems." - James Clear, Atomic habits.This w...
04/25/2023

"You do not rise to the level of your goals. You fall to the level of your systems." - James Clear, Atomic habits.

This week, we asked Lucky what his systems are and how he gets his fuel for the day. Check out some of the things he does for his morning routine, all before 8am.

We secured land financing from two of our alternative lending partners for this future apartment site, as a bridge loan....
04/21/2023

We secured land financing from two of our alternative lending partners for this future apartment site, as a bridge loan.

📍 The site is located in Surrey and currently consists of a 5 home land assembly.

✅ We pride ourselves on providing ultra quick bridge financing solutions for our developer clients, all while creating a long term plan with their subsequent construction/takeout mortgage financing goals.

Reach out to us to discuss your next project, we would love to hear from you and connect!

This week the team attended the Western Canada Apartment Investment conference 📍which gathered a hub of lenders, develop...
04/06/2023

This week the team attended the Western Canada Apartment Investment conference 📍which gathered a hub of lenders, developers, investors and property managers along with 45 expert speakers at the largest annual conference in Western Canada on the multi-residential market.

We gained ample insight on the pivots and turns in the current trend, a deep dive on the parameters of the projections and key information on the how and why of the future market. 🔌 We look forward to sharing this with you.

04/05/2023

Q1 key takeaways 🔑

We secured conventional land financing through one of our credit union lending partners for this townhouse site located ...
04/03/2023

We secured conventional land financing through one of our credit union lending partners for this townhouse site located in Burnaby. 🔒

We look forward to the construction phase of the financing as our borrowers prepare to break ground and get the project moving forward. 📈

Happy holidays to all! Stay warm and have a wonderful time with the family over these next few days everyone 💙
12/25/2022

Happy holidays to all! Stay warm and have a wonderful time with the family over these next few days everyone 💙

Our clients are highly experienced multi-family developers on Vancouver Island and the lower mainland. They obtained a b...
12/08/2022

Our clients are highly experienced multi-family developers on Vancouver Island and the lower mainland. They obtained a bridge financing loan to purchase this development property. 🎯 Once the borrowers acquire the adjacent property, they will submit the application for rezoning.

We look forward to working with them on the construction piece of this multi-family project. Please reach out to us now for all your land and development financing needs! 🤝

The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent, as of today. The move was wi...
12/07/2022

The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent, as of today. The move was widely expected by economists, who were anticipating a rate hike of either 25 or 50 points.

The statement accompanying the rate decision has shifted the language to a wait-and-see approach - are the rate hikes over?

Navigating this time can be tricky, please do not hesitate to reach out to scope out the best options for your situation.

Address

8th Floor 543 Granville Street
Vancouver, BC
V6C1X8

Opening Hours

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

Website

Alerts

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

Shortcuts

Share

Category