Cove Mortgage Ltd

Cove Mortgage Ltd

  • 415 145 Chadwick Crt
  • North Vancouver, British Columbia
  • V7M3K1
  • Phone: (604) 929-8156
  • Fax: (604) 929-9592
  • Website

Description

The reasons could range from bruised credit to inability to provide the banks with the required documentation to meet income qualification guidelines. We are here to help in any way that we can. Please email an outline of your situation to cove_mortgage@telus.net and one of our underwriters will be pleased to review your request. Please know that, if we feel that you would be better served by using the services of a licensed Mortgage Broker, who may have other opportunities available to you to better meet your needs, we will be happy to provide you with a referral from our list of reputable, licensed Mortgage Brokers should you not already have a broker that you have a relationship with.

You are a mortgage broker that works with select lenders that commit to service . You want to know that your private lender will renew if your clients’ situation hasn’t improved or there has been a change in market conditions. You need to know that your client will be treated with respect even if there are challenges during the course of the term. You need to know with confidence that there are no hidden fees that would add up during the course of the term to make the face value of the mortgage significantly more than first disclosed. Cove has been working to find creative mortgage solutions with Mortgage Brokers like you for their non-conventional clients since 1976. We have grown to be one of the largest private lenders in BC, lending on nearly every property type in British Columbia . We will assist you to quickly find creative mortgage solutions. With a team of highly experienced Underwriters and support staff we are committed to excellence and professionalism while we assist you and your client from the inquiry to the payout of the mortgage. Please give us a call!.

CMIC Mortgage Investment Corporation ("CMIC") was established in 1999. CMIC consists of a portfolio mix of first and subsequent mortgages, with a maximum 75% loan to value in major centres in BC, and limited lending in outlying areas, to a maximum of 65% LTV.

Michael Shivers joined Cove as a mortgage broker in 1996. He brought with him extensive experience in banking and trust company management. Mike called on this experience when establishing CMIC Mortgage Investment Corporation, which has become an important source for funding mortgages as well as a conservative investment for many investors. Mike retired in 2009.

She also has several years experience in commercial and residential real estate and property management. Joyce is a Certified Management Accountant.

Fact sheet

Company founded
1976

Products & services

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