Pacific Northwest Mortgage

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Surrey, BC
Pacific Northwest Mortgage

We are a boutique Mortgage Brokerage located in Surrey, B.C. handling all types of mortgages - Resid

05/31/2023

Pacific Northwest Mortgage arranged construction financing for this 5-unit residential development. Developed by
Mortgage Amount: $4,669,000
75% LTC Funded
Location: Vancouver

08/29/2022

arranged a $29,390,000 construction loan.
Through Facility 1 we paid out the existing lender and repatriated some cash back to the developer from the initial advance. This facility also provides funding to service the entire site. Facility 2 provides the developer with a construction loan for the build-out of the townhouse project.

08/24/2022

had the pleasure of providing scholarships to Burnaby South Secondary School graduates.

07/05/2022

is a trusted provider of commercial financing for all types of asset classes. comprehensive financing packages and key contacts allow them to source the best terms and loan structure. Our highly skilled team has over a decade of banking experience. We provide a collaborative and holistic approach to sourcing the right capital structure for your deal.

06/28/2022

Recent Funding: $9,830,000

We recently arranged land financing for two development sites:
1) Our client acquired his first townhouse site in Langley. Through our Credit Union partner we arranged a $5,600,000 land acquisition loan. 65% loan to value
2) Through one of our private lenders we arranged a $4,230,000 land acquisition loan. We were able to negotiate a competitive fixed rate. Land assembly located in Fleetwood.

04/14/2022

Recent Funding
Loan Amount: $8,128,000
75% LTC

arranged construction financing for a 30 unit apartment building in Hope, BC.This was the client’s first apartment building project. We were able to arrange financing with low presale conditions and 70% initial land advance.

12/20/2021

arranged $25MM in land loans this month, all placed with conventional lenders.
These sites will be home to condos, townhomes and single family homes.
Some of the transactions involved refinancing the site to provide additional working capital to help cover soft costs. For a few of the sites, we also provided a land lift to help acquire a property to complete the land assembly.
Location: Surrey and Langley

Please call us on your next land purchase or for any refinance needs.

11/26/2021

Multiple Term Deals Funded by :

Commercial property in Delta.
Loan Amount: $2,380,000
LTV: 70%

Two properties located in Surrey Centre Area. Client was able to land strong tenants to occupy the buildings. This allowed to obtain great terms and rates. This is a holding site with great potential for future higher density redevelopment.
Loan Amount: $4,288,000
LTV: 55%

Office building in Squamish.
Loan Amount: $2,500,000
LTV 65%

has strong relationships with our lending partners. This allows us to obtain great terms and quick turnaround for our clients. Please call me for any of your commercial financing needs.

10/07/2021

Recent Agriculture Mortgage Funding
Loan Amount: $2,325,000
75% LTV
Placement: Credit Union

provided financing for a 15.82 acre blueberry farm in Abbotsford. This is a full production farm, with Duke and Bluecrop varieties planted in 2007.

Please call us on your next farm purchase or for any refinance needs.

10/04/2021

Multiple Term Deals Funded

Apartment building financed in Interior B.C.
Loan Amount: $2,467,500
LTV: 75%

Two commercial units financed in Payal Business Centre.
Loan Amount: $1,982,500
LTV: 65%
Clients have anchored a strong tenant to occupy both units.

Two commercial buildings financed in Chilliwack
Loan Amount: $4,600,000
LTV: 65%
Through the loan program the client was able to buyout partners, obtain working capital and finance fees.

has strong relationships with our lending partners. This allows us to obtain great terms and quick turnaround for our clients. Please call or email me for any of your commercial financing needs.

09/23/2021

Recent Commercial Mortgage Funding
Mortgage Amount: $3,200,000
LTV: 60%
provided financing for a land acquisition loan for a 1 acre site located in Grandview Heights neighbourhood in South Surrey.
This will be a future subdivision for 8 single family lots. Once site is shovel ready we will provide additional funding to pay for hard and soft costs.
Please call or email me for any of your commercial financing needs.
[email protected]
778-997-3095

08/23/2021

Recent Construction Mortgage Funding:
Mortgage Amount: $3,890,000
LTC Funded: 75%

Provided construction financing for our client’s first multi-family project. Obtained initial land advance based on appraised land value. This allowed us to roll in interest reserve and fees into the loan program.

Address

217-2630 Croydon Drive
Surrey, BC
V3Z6T3

Website

http://www.pnwmortgage.com/

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