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Borrowing

Westpoint Capital  offers short term lending solutions for borrowers who have equity in real estate and need to access that equity quickly.  If you need money fast and can pay it back within 3, 6, or 9 months then we are the right lender for you.

Our Philosophy

We are a solution based lender.  We didn't want to be confined by "in the box" thinking so we got rid of the box.  
We love to solve timing issues when you have a reliable plan to pay out our funds within a short period of time.

 

LTV

We will lend up to 85% of the value of your property.

We have the ability to lend above 85% with additional collateral security.

Fees

We have two different fee structures depending on the mortgage requested.

  1. An initial one time lender fee starting at 4% and up
  2. An initial lender fee with subsequent loan administration fees starting at 2% and up

Lending Area

We lend anywhere in Alberta and BC.

Rates

Our rates start at 9% and go up.

 

Mortgage Types

1sts to 4ths, Blanket, and we lend to corporations.

Payments

All our mortgages are interest only and are fully open with no penalty.

 

Property Types

Residential, commercial, industrial, construction, condos, rental, land, mobile homes on owned land, manufactured homes.

Criteria

We focus on your exit strategy, your plan to pay us out.  As long as you have a solid plan then we don't rely on your credit or income.

 

How to Apply

Click on our online application and fill out our quick version of our application and click on submit when you are finished.  If you prefer, once in our quick application, you can choose to print our application to fill out and fax to us.  Once received we will review for preliminary approval at which time we will contact you to get the rest of the information required.

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