10/06/2026
🏠✨ DEAL OF THE WEEK ✨🏠
They’re both over 55 and wanted to move into a reverse mortgage, but their property was still zoned CH1 Commercial. On paper, that made the file a hard “no” for most lenders.
Most brokers would’ve told them to sit tight and keep paying 12% on their existing $225,000 private mortgage until the rezoning went through.
Instead, we got creative: we secured a new $275,000 private 1st that looked past the temporary zoning, paid out their old mortgage at a lower cost, and put extra money in their pocket. It’s fully open, so once the property is rezoned residential, we can move them into a reverse mortgage with zero penalties. No waiting. No unnecessary roadblocks.
✅ Turned a declined file into a funded $275,000 private 1st, bridging them to a reverse mortgage
✅ Paid out a $225,000 private at 12%, now at a lower cost
✅ Fully open, so they can pay it down anytime with zero penalties
✅ Mission, BC — Commercial Mortgage funded
A “no” from the bank because of zoning shouldn’t put your retirement plans on hold. It just means you need a broker who knows how to build a bridge to get you where you want to go.
📩 DM “READY”
📱 604-780-9818
✉️ [email protected]
🔗 Link in bio for your FREE mortgage pre-approval today.
