Residential Mortgages in Vancouver, BC

Consistently named as one of the top five cities in the world for quality of life and livability, Vancouver is famous in Canada and worldwide. Even though its rated as one of the best places to live in the world, often citizens can still need to relocate homes. To help in these tough times, residential mortgages were created to make owning a home more affordable. Since not many people can afford to pay for the entire house at one time, they instead opt to pay a down payment, and the residential mortgage covers the remaining amount. That remaining amount is repaid over a mutually agreed upon a term which makes it easier for you to manage. Not to mention the benefit of each payment going towards owning the home and the loan being secured by the property. However, the only catch is that you do have to get approved for a commercial lease in Vancouver and that process depends on a few variables. Namely your loan to value ratio, credit history, and ability to repay the loan in a timely.

Smarter Loans is a loan directory with a clear mission to assist you in finding a home mortgage most suited to finance your home.

Below you can find listed the most reputable and experienced loan providers in Vancouver suited to help you. Take a moment to compare the companies and their different products to see who is the best fit. You will find information such as if its fixed or interest, duration of the loan, down payment amount and also first-hand customer reviews. After you have chosen the company you like, click “Apply Now” beside it to finish an online application for the loan. When approved, you can expect the finances in a few days and if rejected due to credit history, don’t worry because many of the companies can still help you.

The final option you have is to “Pre-Apply” with Smarter Loans, and we can connect you to the lease provider whom can help finance your new home in Vancouver.

Vancouver Facts

  • Based on the latest research, Vancouver reports 133,000 registered homeowners .
  • As per the most up-to-date stats, on the average each resident of Vancouver earns $49,000 per month.
  • Vancouver's employment rate: 60%.
  • On the average a household in Vancouver makes an income of $89,200.
  • An average Vancouver resident carries a consumer debt of $37,500.
This data was researched in 2019 and uses various information resources, including Canada’s National Statistics Agency, etc., where the information can be as of an older date. The facts above may change as new information becomes available. We do our best to keep the information up to date.

Our online portal is your one stop shop for finding well-established Residential Mortgage providers in Vancouver for your borrowing needs.

Browse through our register of Residential Mortgage companies to get access to the latest Residential Mortgage rates in Vancouver

For Residential Mortgages most typical use cases are:

  • purchase a new home in Canada
  • purchase a house
  • purchase a condominium
  • get a mortgage as a first time homebuyer
  • purchase a property as an investment
  • start or grow a family in a new home

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