About Susan Gozali Expertise I can help you in questions regarding mortgage/financing in Canada. I'a mortgage expert, having access to over 90 lenders, including banks, credit unions, trust companies, and even private lenders. I handle both residential and commercial properties. Please do not hesitate to ask me if you have any questions regarding those matters.
Experience I have access to the most creative alternative lending products out there, meaning unlike your bankers, I deal with clients with less than perfect credit rating. In addition, I also deal with self-employed borrowes and foreign investors. My latest project is to help renters achieving their dreams of becoming homeowners.
Education/Credentials Licensed Mortgage Broker of BC
Expert: Susan Gozali Date: 12/28/2007 Subject: What is available to foreigners?
Question Hi
I am a UK national looking at developing / investing in property in BC, and was wondering how much leverage Canadian banks would give me. Here I can get up to 90%, however I am not sure that would be the case for me in Canada. Any help appreciated.
Answer Hi there,
Happy Holidays to you and to your family!
For non-residents, lenders have basic guideline of lending 65% loan-to-value. However, they do make exceptions once in a while, especially for UK or US residents, they would go up to 80%. If you're a resident of Canada, you can even get 100% financing here.
What kind of property are you looking to invest in? Please let me know if you have any other questions.
