Terms & Conditions

Rate Quotes

• • Subject to Change: All rates are subject to change without notice and may vary throughout the day based on market conditions.
• • Rate Holds: Rate holds are available for qualified applicants for up to 120 days, subject to lender approval.
• • Market Fluctuations: Rates may increase or decrease based on Bank of Canada announcements, bond market movements, and lender policy changes.
• • Individual Rates: Actual rates offered may differ based on credit score, down payment, property type, and other qualifying factors.

OAC (On Approved Credit)

All rates and mortgage products are offered "On Approved Credit" which means:

• • Credit score requirements vary by lender (typically 600+ minimum)
• • Income verification and employment confirmation required
• • Debt-to-income ratios must meet lender guidelines
• • Property appraisal must meet lender requirements
• • All information provided must be accurate and verifiable

Qualifying Conditions

• • Stress Test: All mortgages are subject to federal stress test requirements
• • Down Payment: Minimum down payment requirements apply (5% for purchases under $500K)
• • Property Type: Rates may vary based on property type (condo, detached, etc.)
• • Occupancy: Owner-occupied vs. rental property rates differ
• • Amortization: Maximum amortization periods apply based on down payment

Our Services

• • Mortgage brokerage services are provided at no cost to qualified borrowers
• • We are compensated by lenders upon successful mortgage funding
• • We represent multiple lenders and will present suitable options
• • All advice is provided in good faith based on information provided

Client Responsibilities

• • Provide accurate and complete financial information
• • Respond promptly to requests for documentation
• • Notify us immediately of any changes to your financial situation
• • Review all mortgage documents carefully before signing

Limitations

• • We cannot guarantee mortgage approval
• • Final approval is at the sole discretion of the lender
• • We are not responsible for lender policy changes
• • Legal and tax advice should be obtained from qualified professionals

Privacy & Confidentiality

All personal and financial information is kept strictly confidential and is only shared with lenders for the purpose of obtaining mortgage approval. We comply with all applicable privacy legislation.

Licensing & Regulation

• • Licensed under the Mortgage Brokers Act of British Columbia
• • Member of Mortgage Professionals Canada
• • Subject to regulatory oversight and compliance requirements
• • Errors & Omissions insurance coverage maintained

Dispute Resolution

Any disputes regarding our services should first be directed to us for resolution. If unresolved, complaints may be filed with the appropriate regulatory body in British Columbia.

Updates to Terms

These terms and conditions may be updated from time to time. The most current version will always be available on our website. Continued use of our services constitutes acceptance of any updates.