+ 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 Mortgage Funded
Halfmoon Bay, BC - House Estate Sale
$621,000 1st / 2nd Mortgage Combo
85% Purchase Price 75% Appraised Value
46% Assessed value
12.95% Rate
Recently Funded Deals
North Vancouver, BC - Townhouse
$65k First Mortgage Undivided 8530/1000000 Fee Simple Interest - Unique Property
Debt Consolidation + Interest Reserve
12% LTV
6.95% Rate
Surrey BC – House
$200k 2nd Mortgage pay off debts to improve credit score
40% LTV
7.95% Rate
No appraisal
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