+ Quick response & turnaround
+ Multiple private lenders to get your deals done
+ Flexible fee structures
+ Flexible rate and terms, tell us what you can sell
+ Creative solutions - Inter Alia, 1st, 2nd, 3rd mortgages
+ EQUITY DEALS! Self-employed / stated income; low beacon score; Ex-Bankrupts
+ Pay out, go behind existing privates or CHIP
+ Pre-paid terms
+ 12-24 month terms Fully OPEN or after 6 months, low renewal Fee at term
We lend on a good story!
Please contact Peter Pasula for all Broker inquiries:
Phone: 604.649.0419
Email: peter@drakefinancial.com
Drake Financial can help unlock more opportunities to simplify private mortgages and close deals faster.
New Private Deal Funded
Surrey BC – House
$200k 2nd Mortgage payoff debts to improve credit score
40% LTV
7.95% Rate
No appraisal
Recently Funded Deals
Commercial Property- Langley BC
$1,650,000 First Mortgage
43% LTV Based on Assessment
7% Rate
Prince Rupert BC - House
1st Mortgage $117,500
50% LTV
11.95% Rate
Burnaby BC – Condo
2nd mortgage on partial interest
$160,000
65% LTV
9.95% rate
Enderby, BC House, Commercial, Retail and Mini Storage
$1,000,000 First mortgage
50% LTV
11.95% Rate
Surrey BC Townhouse
$85k second mortgage on Half Interest
50% LTV payout CRA and debts
13.95% Rate