fundings
fundings
Funded Amount: $316,718
Type: Condo
Lender: Major Bank (Holding Company)
Location: Aldergrove, BC
Loan-to-Value (LTV): 75%
aldergrove condo pre-sale
The client purchased a rental condo pre-sale and wanted to continue building their investment portfolio. But with two large existing loans - one under construction and another heading for sale - their personal debt ratios were stretched. On paper, they did not qualify personally, putting the new investment at risk.
The Problem
To help the client get ahead, I restructured the file through the bank’s Small Business Banking division and placed the mortgage under their holding company, qualifying using company financials instead of personal income.
This allowed us to secure:
The Solution
- A grade terms and pricing
- Minimum required down payment
- Corporate approval that ignored existing personal debt
The client also moved funds from another company as a shareholder loan, providing the down payment without showing any new liabilities on their credit bureau.
This strategy helped the client get ahead by:
- Writing off interest within the corporation
- Keeping personal ratios clean for future investments
- Avoiding personal debt reporting
- Completing the pre-sale smoothly at 75% LTV
- Continuing to scale their rental portfolio without interruption
A corporate structure, the right lender channel, and the right strategy turned a “no” into a major win that helped the client get ahead financially.
Outcome & Key Takeaways
Funded Amount: $316,718
Type: Condo
Lender: Major Bank (Holding Company)
Location: Aldergrove, BC
Loan-to-Value (LTV): 75%
aldergrove condo pre-sale
The client purchased a rental condo pre-sale and wanted to continue building their investment portfolio. But with two large existing loans - one under construction and another heading for sale - their personal debt ratios were stretched. On paper, they did not qualify personally, putting the new investment at risk.
The Problem
To help the client get ahead, I restructured the file through the bank’s Small Business Banking division and placed the mortgage under their holding company, qualifying using company financials instead of personal income.
This allowed us to secure:
The Solution
- A grade terms and pricing
- Minimum required down payment
- Corporate approval that ignored existing personal debt
The client also moved funds from another company as a shareholder loan, providing the down payment without showing any new liabilities on their credit bureau.
This strategy helped the client get ahead by:
- Writing off interest within the corporation
- Keeping personal ratios clean for future investments
- Avoiding personal debt reporting
- Completing the pre-sale smoothly at 75% LTV
- Continuing to scale their rental portfolio without interruption
A corporate structure, the right lender channel, and the right strategy turned a “no” into a major win that helped the client get ahead financially.
Outcome & Key Takeaways
