You can get pre-approved in as little as 24 hours.
Loans ranging from $50,000 to $2,000,000
Great rates and outstanding customer service.
We make the process of getting a home equity loan very simple. That’s because our home loans in BC are the easiest way to get money using the available equity you have saved up in your house.
And you want to know the best part?
You can get approved in as little as 24 hours.
Wondering how we’re so fast?
Because unlike banks or credit unions, your income, credit history or your credit card debt are not the major factors in approval. Our equity lenders focus primarily on your home’s value, so the borrowing approval process is quite simple.
There are many options available for funding. We can get you approved fast for a 1st, 2nd, or 3rd home equity loan from $30,000 up to $2,000,000+.
So skip the traditional lenders, and allow a private lender in Vancouver to help you get the home equity loan you want and need.
If you want to find out more information, take a look around the website. But if you prefer to have a more personal approach, give us a call or text us 778-839-3963 and one of our mortgage brokers will be more than happy to speak to you.
Our office works as a boutique home equity mortgage source. The focus is to provide homeowners with access to a select group of private mortgage lenders that can best suit their financial goals and needs.
We aim to provide you the appropriate financing at the best overall costs. Our hope is that you’ll choose to come back to us when deciding to refinance your mortgage & home equity loan back to the bank.
And if you are curious about our costs?
When we provide best rate bank financing, our services are free since the banks pay us for your business.
Rates for home equity loans in BC may vary due to a variety of factors – location, loan-to-value, and 1st or 2nd position being some of the major ones.
When determining a home’s loan rates, lenders will also look at the use of funds and the client’s personal situation to determine the best rates to be offered.
So why not give us a call! We can assess your situation right over the phone and give you an idea of what you may qualify for.
In major centers Only we have access to a full readvancable HELOC in the private mortgage market up to 75% of your homes value. Traditional Debt Servising requirements are NOT required. Interest is paid on the funds advanced. Conditions and max mortgage limits apply, so give us a call to get more details.
Home equity loans can be used for many purposes including:
As of 1st of January 2023, Canada has banned home equity loans for non-residents. This means that current and soon-to-be non-residents of Canada will be unable to acquire a home equity loan within the country’s jurisdiction.
For those interested in pursuing a home equity loan in Canada, understanding the many limiting regulations and paperwork related to acquiring a home equity loan as a noncitizen can create arduous challenges.
Contact us today to learn more about the real estate properties that are exempt from the law, or to find out whether you are part of the categories of non-residents that can still buy properties here.
We can ensure a simple approval process due to loans being primarily secured by your property’s equity. Meaning they do not require as much proof of income or credit as long as your home is used as a collateral.
However a stronger application with significant equity does allow us to negotiate more affordable terms. When your home’s equity is high, you can get better prime rates or lower interest rates.
Conditions apply so call us for more details.
Wondering how much you can borrow on a home equity loan in BC?
The amount you can borrow will generally be around *80-85% of your home’s value. But it all depends on each lender’s conditions, and also on the borrower’s income and creditworthiness. The highest limit can even reach 90% of your available equity but that only happens in very rare cases.
When you work with our private mortgage lenders, your loan will only be influenced by the equity you have saved up in your property. You won’t have to worry about any other factors like a fair credit score or a lack of income, dragging your loan amount down.
For a more exact calculation of how much cash you have untapped in your home, either contact us directly or use our online mortgage calculator and do the math yourself.
Funds Available from $10,000 to $2,500,000 & more.
Many people pay higher interest rates for a home equity loan in BC. That’s because they do not understand the complicated process of negotiating the best terms for them.
But it’s not always about the rates. With my past experience working for equity lending firms I bring a unique outlook and a wealth of knowledge.
Apply now or browse the site for more information to help you find and evaluate the pros and cons of getting a fast loan. You can easily compare rates by loan type or use our mortgage calculator and tools to compare payments.
I am here for you if you have any questions.
Refinancing an existing mortgage can lower your payments and provide you with a lump sum of money. It can also allow you to consolidate debt by using a debt consolidation mortgage.
To lower your payment you should refinance with a lower rate mortgage or lengthen the loan’s maturity. To consolidate or cash out, you must have sufficient equity in your home. This comes from an increase in the home’s value, or from a decrease in your mortgage loan balance.
Home loans in BC, Canada usually create a second mortgage charge against the borrower’s house and reduce the actual home’s equity.
Most high HELOCs ask for an outstanding credit balance and a reliable proof of income. Bad credit loans on the other hand, are secured by a lower LTV (loan to value) and are a lot easier to qualify for.
A home equity loan is usually, but not always, for a shorter term than a 1st Mortgage.
Call or email us today and I will go over all the details with you.
A great way to get the best rates and value for a fast home loan in Canada is by comparison shopping. Check out our blog on the difference between a Home Equity Loan vs. Home Equity Line of Credit.
Once you understand the options available to you, you can start comparing interest rates and gathering lender quotes.
But don’t assume that you’ll be offered a lender’s lowest advertised rate. These better options are reserved for borrowers with above-average credit, not for the ones with lower credit scores.
If you have bad credit, it might be a good idea to review BC rates by credit quality and loan type. As you collect quotes, take care to compare your options on an apples-to-apples basis.
Some mortgage rate quotes may assume the upfront payment of points, while others may be quoted without points.
My name is Jeff Di Lorenzo of The Mortgage Group Canada Inc. and I provide clients with sub mortgage brokerage services.
If you are searching for a home equity loan my goal is to find you the best rates & terms for your individual needs. In addition to offering you my complete support, I will also provide you with copies of the BC Fixed Credit Disclosure Statement and Borrowers Conflict of Interest Disclosure Statement Form 10 – Section 17.3 to assist you in your decision making.
The decision to obtain a loan should be carefully considered. That’s because of the higher rates of interest and costs associated with this type of mortgage. I strive to keep in mind my client’s individual needs and goals when shopping for the best deal to offer them.
To learn more about home equity loans in BC go to Canada.ca
To meet Google’s personal loan policy which home equity loans fall under, I am required to provide the highest (APR). This includes interest rates, draw period and other costs and fees which market lenders may provide. In most cases this is not indicative of the type of financing I look to obtain for clients.
The APR will increase or decrease in the event of higher or lower mortgage fee amounts and interest rates. The highest APR would be 34% while the lowest APR provided would be 7.49%. Term lengths can be as short as 12 months and amortizations can be Interest Only for 40 years, 30 years, 25 years or less.
Example #1 Low Cost:
Example #1 High Cost:
Example # 2 Low Cost:
Example # 2 High Cost:
All these examples are based on interest only monthly payments (you may elect to pick a shorter amortization to pay off the mortgage off sooner).
The difference between the gross amount and net amount represents closing costs like legal fees, appraisals, brokerage fees, lender fees. (Fees) payout penalty of max 3 months etc and renewal fees.
These examples are just a representation of the broad range of products existing in the industry. Rates are subject to change so give me a call to negotiate terms and rates that will best suit your individual needs. Locations, property type & personal application details affect each mortgage.
That’s why a free assessment of your personal situation will help us decide on the best course of action.
Home Equity Loans
Our Mortgage Products
Our private lenders will offer you the best loan deals. Get approved based on your home equity, not your income, capital or credit score.
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Read MoreB-Lenders are mortgage funds with rates between banks & private lenders. Get approved for a B-Lender loan today.
Read MoreBuying a new home before selling your current one? A bridge mortgage loan may be right for you.
Read MoreIf you are looking to get a mortgage with bad credit, you are in luck. Apply for a mortgage today.
Read MoreReliable & Professional
jeff was a great help to us finding cash equity financing. would highly recommend him . thank you jeff
I couldn't be more impressed with the service provided by Jeff. From the get-go, he was incredibly responsive to all my emails, often replying within minutes. His ability to understand... read more my situation and making things work was nothing short of amazing. He managed to get everything done in such a short time. If you're looking for a mortgage broker who delivers with unmatched speed and professionalism, look no further. Highly recommended! Thanks for your help, Jeff!
I am very grateful for Jeff’s help. He has a very kind approach, he was incredibly organized and professional, and worked very fast. I would definitely recommend Jeff to anyone... read more seeking a mortgage.
Jeff made the process so quick and simple! He is also very quick at responding and just a very nice person to deal with! Would highly recommend!
Jeff was amazing to work with, it was an amazing weight lifted to finally catch a break during a very trying time. I highly recommend his services. Thank you!
Among highly admirable qualities, what I like best about Jeff is his honesty / transparency. He was able to guide, inform, encourage and gave me insights that lead to... read more a decision I made with confidence and comfort. No financial decision should leave you feeling abused… and Jeff is the antidote to the stress this type of decision can create. I have no Earthly idea why anyone would go elsewhere. Thank you so sincerely, Jeff!
Jeff worked hard at helping me out when it seemed like nobody else could help. He was personable knew exactly what I needed at the time. I look forward to... read more working with Jeff again in the future
It was a truly professional experience and thank-you Jeff Di Lorenzo for processing our Mortgage. We will recommend you to friends & family so you can help others processing... read more their mortgage renewals "like you did for us" and they can gain insight and trust in your online platform.
Wonderful experience working with Jeff! Jeff offered great insight into the different types of mortgage products available and provided me with an excellent recommendation on a suitable solution. ... read more Highly recommended to all!
Jeff is a pleasure to work with. He makes what can feel like a very overwhelming process easy and ensures you are getting the best possible outcome for your needs.... read more He goes above and beyond in building trusting long lasting relationships with his clients.
You can only give 5 stars or I would have given more!! Found Jeff while searching for someone that could help Michelle and I get some much needed repairs done... read more on our home, while not having great credit. Jeff was able to help us refinance so we can do the necessary repairs and get us back on the right track financially, a bonus I might add. Jeff has gone above and beyond to make this process comfortable, less stressful while working tirelessly it felt. You can feel the passion Jeff has in helping people like ourselves. We cant thank him enough. Much appreciation Chad and Michelle
My experience with Jeff Di Lorenzo was one characterized as professional, personable and results oriented. Jeff worked diligently with all parties to ensure a timely, satisfactory outcome.
Beyond amazing! Helped me land a lender in a very difficult spot. Very professional and presented me with all the options and which was best for me. Will be working... read more with him again.
We have refinanced and renewed multiple properties with Jeff. He is professional, diligent and on top of everything. He has accumulated a wealth of knowledge through all avenues of mortgages... read more and lending and it shows. He is your go to guy for all aspects of lending.
It was obvious from the get go that Jeff had a ton of knowledge and experience just from the answers he gave to all my questions but more importantly Jeff... read more gives it to you straight so I knew where I stood each step of the way. He tells you what to expect and communication is quick. You're not waiting days to find out how things are progressing. Negotiating and securing a loan is stressful but dealing with Jeff allowed me to make informed decisions and finally get through the process. Everything worked out basically the way he said it would.
Jeff and Penny are wonderful professionals to deal with. They are efficient, reply your inquiries promptly and very knowledgeable as well transparent. They are very professional and follow up with... read more the customers. Thank you Jeff and we are very pleased to have you as our advisor to help us out when we really need. I definitely recommend you to my families and friends. Big 5 stars service.
Jeff was the most professional and helpful broker I have worked with. He explained everything in detail and updated me every step of the way. If you are looking... read more for private lender because conventional lenders won’t approve your mortgage, Jeff is the person that will make it happen.
I submitted my online application Feb 23, and I got response right that day. Jeff has done a great, fast and efficient job in helping my family with our home... read more equity loan. He gives details and clear instructions and answer all your questions quickly and the process is straight forward. We are happy we got the check on March 28, the little delays in between and along the process were on our side as we were a bit slow in providing the necessary documents otherwise Jeff is very quick all the way. And what I love with this guy is he is very professional in dealing with his clients. I highly recommend to anyone seeking for excellent service like his. Thank you very much Jeff. All the best for your family and your business.
3 words Honest, experienced and professional! Jeff was able to present a great lending option to me, further educating me about Mortgages !
I recently had the pleasure of finding Jeff Di Lorenzo on a simple internet search. I was seeking a private lender for a equity loan on my home. I found... read more Jeff to be very personable and he Instantly understood my wants and acted immediately. Jeff was super prompt answering any questions or concerns I had. He made the process swift and pleasant! I would highly recommend Jeff to anyone seeking a loan or mortgage. Tanilia Robertson
Cold emailed Jeff with a question and was impressed with his answer and will reach out to him if we need support with our mortgage. Wow! Great service.
Our experience with Jeff was solid - he worked with us to get the financing we needed on an investment property and put us on the path we needed to... read more be to make our dreams happen. He was professional and understanding. Highly recommend.
Excellent professional service. Quick results. Secured a first mortgage for us in record time., would highly recommend.
Had just an amazing experience with Jeff. Very professional, informative, helpful and promt, Even responded to my emails while on vacation. The process was very quick smooth and easy. I... read more would definitely look to Jeff for future loans again and would highly recommend him to all my family and friends! Thanks again Jeff!
Jeff is a great guy! Always professional and responds quickly with all the information that I need. I very highly recommend for any mortgage needs you might have. ... read more Thanks again Jeff!
I found Jeff through Google while researching home equity loans and he replied to my inquiry that was sent on Sunday night by calling me first thing Monday morning and... read more discussed various options and whether they are suitable for my needs. From that point onwards, he was prompt, responsive, and was available to answer any questions I have. He gave me all the details I need to ensure my application was completed as soon as possible, and made sure I get all the necessary documents and appraisals completed before they were needed, which made the application process quick and smooth. I am very pleased with his service and would not hesitate using him again in the future, and I will definitely be recommending him to my friends and family. Thank you very much for all your help, Jeff! 🙂
Jeff went above and beyond to help me get out of my current situation . I found him by chance and I sure am lucky I did! Thank you... read more Jeff for everything you've done for me! I would recommend you to anyone ! Thanks again and keep up the great work!
Jeff helped me set up a mortgage quick and easy. He is very professional, informative, and patient. Im very happy with his service. If you are looking for mortgage loan... read more options, he is definitely the person you want to talk to.
Jeff is amazing to work with !! Always ready to help !
Jeff was very supportive, and knowledgeable about helping me get a mortgage. Jeff communicated clearly and professionally, and was very easy to talk to. He responded promptly to... read more all communication and made sure I clearly understood every step of the process. I highly recommend Jeff as a mortgage broker.
Jeff is highly personable and informative. He tells you the facts, what your options are, and helps you make the best decision for your circumstances. He has given me honest... read more advice, and been helpful even when I chose not to use his service. He was not biased either way. I know it's there if I need it in the future. I trust his advice.
Jeff is highly personable and informative. He tells you the facts, what your options are, and helps you make the best decision for your circumstances. He has given me honest... read more advice, and been helpful even when I chose not to use his service. He was not biased either way. I know it's there if I need it in the future. I trust his advice.
Jeff was great to deal with! I was needing better options asap, and Jeff was able to help me out very quickly and effectively. He's also very personable and knowledgeable,... read more and a delight to work with. Thanks Jeff!
Excellent services! Always available to answer my questions. Very responsive.
Speaking as a fellow mortgage broker, I cannot speak more highly of Jeff Di Lorenzo's expertise in the field. Knowledgeable, fast, friendly and efficient, Jeff goes to bat for clients... read more in even the most difficult financial circumstances. You and your family would be doing yourself a great favour to bring Jeff on board to get the job done quickly and to your utmost satisfaction.
Jeff, thank you so very much for working with my wife Nadia and I in securing financing in an epic purchase situation, an opportunity of a lifetime that would have... read more otherwise slipped through our fingers. I hope anyone reading our review will seriously consider seeking the professional assistance of Jeff Di Lorenzo for all your equity and loan needs. We could praise Jeff repeatedly but it wouldn’t be enough. Jeff has twice assisted us in pursuing our dreams. Even in the 11th hour, Jeff pulled out all the stops to get our deal done - something that was far and above anything I would have hoped for or expected. When an unexpected complication arose, Jeff did what he needed to do with ease and grace which made everything get back on track to completion. I will always appreciate Jeff’s professionalism, expertise, knowledge and resourcefulness. I know that the banks would have happily let our dreams die on the vine but Jeff was our first stop this time around for options - based on positive experience of his helping us previously. I implicitly trust Jeff, and although we have only known Jeff on a professional basis, I can say with confidence that he is simply the best. If what you’re needing financially can be done, Jeff will be able to help you do it! Thanks again Jeff!!!
Jeff is a great guy! Always professional and responds quickly with all the information that I need. I very highly recommend for any mortgage needs you might have. ... read more Thanks again Jeff!
I have been a client of Jeff's for several years now and highly recommend using him for your mortgage needs. He is knowledgeable, efficient, friendly, and professional. Jeff has... read more helped me find the mortgage that is best suited to me. Give him a call, and find out how he can help you.
Jeff is very fast and efficient. There are many products that banks won't offer you for not much more. Just make sure you include all parties: lawyers, accountants and... read more Jeff I'm all conversations so you're all the same page because it's the government that may slow you down.
Working with Jeff was a very positive experience. He is professional, courteous and super fast at responding to any questions or concerns. I would definitely recommend his services to... read more anyone looking for a mortgage broker they can trust.
Jeff is wonderful to work with. He is always responsive and possess great ability to secure the best deal for your situation.
He was efficient. He was friendly - actually he's quite a cool guy. It all happened the way he said it would go down - integrity and know-how.... read more It's a YES from me. Update: Taking equity out of my home not once, but twice, after a lifestyle of living frugally, doubling down on mortgage payments and paying credit cards off in full every month was quite a blow to my self esteem and ego. With Jeff being so professional, quick, thorough, and somewhat funny, it was easy to let anxiety and shame give way to gratitude for the relief that has allowed me the time and resources I needed to focus in on and adequately address what life was trying to show me. If you resonate with integrity, honesty and easy going vibes with professional results, Jeff's the one you want. Thank you Jeff!
Jeff was fantastic to work with, and we highly recommend him.
Just a note of thanks for the exceptional service you provided to us on our recent mortgage refinancing. We have worked with Jeff for many years, and we are extremely... read more impressed with the fast, efficient, and professional way he handles our requests. We certainly do recommend contacting Jeff to anyone who might be shopping around for mortgage financing. It’s very reassuring to know that we can contact Jeff because he always makes mortgage financing simple and easy. Thank you, Jeff. Ken & Gaye
I have worked with Jeff for many years with my mortgage. We went from having to use alternate lenders to getting approved at a major bank with his help.... read more He's very professional and easy to work with
I have had the pleasure of working with Jeff Di Lorenzo as my mortgage broker and have found him to be very capable and knowledgeable, a professional in every way... read more Not only is Jeff an excellent broker, he is personable and sincere, qualities I think make all the difference in business. If you are looking for a really great broker who's easy to work with, I would gladly recommend Jeff Di Lorenzo!
Thanks very much Jeff. You helped us through a challenging process to get the best possible equity offer - which saved us costs and put us in a stronger... read more position to complete the loan on better terms that uniquely benefited our family. I hope everything will work out with finalizing our loan but even if something comes up that prevents completion, I feel you did your utmost to help represent our best interests. I look forward to working with you again when our mortgage is up for renewal next year. Thank you! Jonathan
Jeff helped me out a few years ago when we were in a little financial difficulty and he gave us a way out and still own our home. He was... read more fast and efficient. My husband and I came back after rebuilding our credit and he has now proven how he can get you back to a "A" Lender in the least stressful, fast and efficient way. He was available to answer any questions and help us along this process even after 5pm and I really appreciate everything he did for my husband and myself. Thanks for everything!!!
Jeff not only solved all my equity loan issues, he was able to do so quickly, as well as at great terms & rate. Throughout the entire process he... read more was a pleasure to work with, taking the time to be kind and to make sure he understood all details so he could find the solution that best fit my circumstances. Once he had several options, he felt the least expensive would be the best fit and, upon review, I agreed. This is someone you can trust to fight for your best interests and never try to upsell to his own advantage. Jeff did more for me than my bank could. Reny Auger
Thanks for making this very easy and helpful Jeff is very good at what he does keep up the good work 5 star sevice 10 star guy thanks jeff
My parents needed fast financing to close on a very profitable business opportunity. Jeff put together a private 1st & 2nd home equity loan in just a few days. He... read more was very knowledgeable and kept us up to date throughout the process. I would recommend his services to anyone that needs quality home equity loan at a great rate.
We have worked with Jeff on all our mortgage requirements, he always does the best for us and we have ultimate faith in his ability and knowledge. Would... read more highly recommend him
I have had the pleasure of working with Jeff Di Lorenzo as my mortgage broker and have found him to be very capable and knowledgeable, a professional in every way... read more Not only is Jeff an excellent broker, he is personable and sincere, qualities I think make all the difference in business. If you are looking for a really great broker who's easy to work with, I would gladly recommend Jeff Di Lorenzo!
Jeff is extremely helpful, responsive and transparent in his approach to assisting you with your financial needs. He was always willing to answer question and would present concepts and situations... read more in varied ways until I fully understood. I would have no hesitation recommending Jeff to my friends and family.
I had done the typical thing and approached Alpine Credits and Capital Direct. Both provided approval relatively quickly and I thought the fees associated with the product was "normal". Thank... read more god I checked in with Jeff at The Mortgage Group. He not only saved me thousands of dollars right off the bat, I've got a plan to refinance in 12 months and will continue to benefit financially from Jeff's guidance. I used to believe that some things were to good to be true. How could a single broker, Jeff Di Lorenzo, save me more than the big business? Well he did, and I'm a believer. Thanks Jeff, I look forward to working with you for all of our future mortgage needs.
Worked with Steve Nipius now on my mortgage application, and boy did he ever go many extra miles for me. As a small business owner myself, I really appreciate... read more when another business takes a couple hours out of their busy day to answer all my questions. I sent him like 30 questions, not your usual 5 or 6, and he responded within 24 hours thoroughly and understandably Highly suggested. Had a MUCH better feel with this business than the chartered banks, who kind of seem too big to care about you
Excellent service and excellent advice
With Jeff's professionalism, we got the loan we needed in no time. He was prompt, informative and helpful. I would recommend him to my friends who would be needing... read more help with loans.
I have had the pleasure of working with Jeff twice now and my experience has been nothing short of exceptional. Unlike other brokers/banks, Jeff took a genuine interest in... read more my financial situation and provided unbiased advise even when the best option was potentially with someone else. Jeff has come through when I have needed his help the most and I highly recommend him. Please feel free to contact me with any questions.
I have had the pleasure of working with Jeff Di Lorenzo as my mortgage broker and have found him to be very capable and knowledgeable, a professional in every way... read more Not only is Jeff an excellent broker, he is personable and sincere, qualities I think make all the difference in business. If you are looking for a really great broker who's easy to work with, I would gladly recommend Jeff Di Lorenzo!
Jeff is extremely helpful, responsive and transparent in his approach to assisting you with your financial needs. He was always willing to answer question and would present concepts and situations... read more in varied ways until I fully understood. I would have no hesitation recommending Jeff to my friends and family.
I had done the typical thing and approached Alpine Credits and Capital Direct. Both provided approval relatively quickly and I thought the fees associated with the product was "normal". Thank... read more god I checked in with Jeff at The Mortgage Group. He not only saved me thousands of dollars right off the bat, I've got a plan to refinance in 12 months and will continue to benefit financially from Jeff's guidance. I used to believe that some things were to good to be true. How could a single broker, Jeff Di Lorenzo, save me more than the big business? Well he did, and I'm a believer. Thanks Jeff, I look forward to working with you for all of our future mortgage needs.
Worked with Steve Nipius now on my mortgage application, and boy did he ever go many extra miles for me. As a small business owner myself, I really appreciate... read more when another business takes a couple hours out of their busy day to answer all my questions. I sent him like 30 questions, not your usual 5 or 6, and he responded within 24 hours thoroughly and understandably Highly suggested. Had a MUCH better feel with this business than the chartered banks, who kind of seem too big to care about you
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