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.
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Fees
We have two different fee structures depending on the mortgage
requested.
- An initial one time lender fee starting at 4% and up
- An initial lender fee with subsequent loan administration fees
starting at 2% and up
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Lending Area
We lend anywhere in Alberta and BC.
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Rates
Our rates start at 9% and go up.
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Mortgage Types
1sts to 4ths, Blanket, and we lend to corporations.
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Payments
All our mortgages are interest only and are fully open with no
penalty.
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Property Types
Residential, commercial, industrial, construction, condos,
rental, land, mobile homes on owned land, manufactured homes.
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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.
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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.