Cambridge MIC offers a host of financing solutions for borrowers who do not qualify for traditional mortgages with institutional lenders. By seeking financing with us, you and your clients can look forward to a straightforward path to a private mortgage.
Discover Flexible Financing
1st Mortgage
Some clients may not qualify for traditional financing because of challenges with credit, limited income, inadequate or non-traditional employment. We can help, offering flexible, custom solutions designed to match your clients with their next mortgage.
2nd Mortgage
Whether your client is accessing equity to purchase a rental home or completing a debt consolidation, we have unique and sensible options for 2nd mortgages.
Construction and Land Financing
When your clients need flexible options for a custom construction project, we have the solutions to make their dreams a reality. Access financing when it’s needed most.
Line of Credit
If your clients require flexible equity access to consolidate debts, invest in a new property or complete their dream renovations, we can help, offering creative, outside-of-the-box solutions.
Why Borrow from Us
Flexible Lending Solutions
We offer custom mortgage solutions for those who have challenges with their stated income, credit, life events or are facing difficulties being qualified. Agile and creative, we can help finance the most difficult deals.
Options for Unique Borrowing Situations
Some clients don’t qualify for traditional bank financing, even though they may have equity in property. It’s a growing trend, but we can help by providing a successful alternative.
A Quick and Efficient Underwriting Process
Through years of industry experience, we have refined and improved our underwriting process, allowing our expert underwriters to provide a smooth application process.
Our Lending Criteria
-
Property Type
Fund all properties except farms (BC/Alberta) -
Loan To Value
Up to 70% -
Regions
Major metropolitan areas -
Mortgage Terms
Open mortgages
-
Mortgage Type
1st and 2nd mortgages -
Borrower Type
Individuals, Corporations -
Term
6 months to 2 years -
Other Criteria
Please contact underwriter
Where We Lend
We lend in over 75 communities in British Columbia, Ontario and Alberta. Search below for your community.
-
British Columbia
- Abbotsford
- Burnaby
- Campbell River
- Chilliwack
- Comox
- Courtney
- Coquitlam
- Delta
- Duncan
- Gibsons
- Gulf Islands (contact us with location)
- Halfmoon Bay
- Kamloops
- Kelowna
- Lake Country
- Ladysmith
- Langley
- Maple Ridge
- Mill Bay
- Mission
- Nanaimo
- New Westminster
- North Vancouver
- Osoyoos (on exception)
- Parkville
- Peachland
- Pemberton
- Penticton
- Pitt Meadows
- Port Coquitlam
- Port Moody
- Prince George
- Qualicum Beach
- Richmond
- Saanich
- Salmon Arm (on exception)
- Sechelt
- Shawnigan Lake
- Sidney
- Sooke
- Squamish
- Summerland
- Sunshine Coast
- Surrey
- Tofino (on exception)
- Ucluelet (on exception)
- Vancouver
- Vernon
- Victoria
- West Kelowna
- West Vancouver
- White Rock
- Whistler
-
Ontario
- Brampton
- Burlington
- Guelph
- Hamilton
- Kitchener
- Markham
- Milton
- Mississauga
- New Market
- Niagara Region
- Oakville
- Oshawa
- Ottawa
- Toronto
- Richmond Hill
- Vaughan
-
Alberta
- Airdrie
- Blackfalds
- Calgary
- Cochrane
- Edmonton
- High River
- Lacombe
- Penhold
- Red Deer
- Sylvan Lake
- St. Albert
- Stony Plain
- Spruce Grove
- Sherwood Park
- Leduc
- Nisku