Mandate National Mortgage
Vancouver private lender with over 35 years of history funding first and second mortgages in BC up to 65% loan-to-value. Serves self-employed and credit-challenged borrowers, with loans up to $10 million. It lends British Columbia.
Prepayment-penalty method
Standard penalty (about three months' interest)
Breaking early is penalized at roughly three months' interest, an open-style penalty that is generally on the lower, more predictable end.
See what breaking a mortgage early could costWho it tends to fit
- Self-employed and business-owner borrowers
- Refinances and equity take-outs
- Construction and new-build financing
General signals only. Approval depends on the full application; a lender that fits on paper still has to say yes.
What you can do with it
- Buying a home
- Refinancing
- Construction / new build
Rate types
- Fixed rates
Where it lends
British Columbia
Good to know
- Lends in British Columbia only despite the National name
- Maximum 65% loan-to-value; more conservative than most private lenders
- First mortgages start around 9.95% and second mortgages around 11.95%; detailed lending guidelines are available on request
- Private lending: lender and broker fees typically apply; have an exit plan
How to reach Mandate National Mortgage
Available both directly and through a mortgage broker. This is educational information, not a rate quote; confirm current rates and terms directly.
Visit Mandate National MortgageEducational summary; rates, terms, and approval are set by the lender.
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Other mic & private lenders
Educational information about Canadian mortgages, not financial or mortgage advice. This tool is offered by Jordan Avery, Mortgage Agent (Level 2), Licence M23999999 · Maple Key Mortgages Inc., FSRA Brokerage Licence 13999 and operated by LenderSearch; figures are estimates. Confirm all rates, terms, and eligibility directly with the lender before acting.