Line
of Credit
Line of Credit Options
Benefits of a Mortgage
With Cambridge
Easy Process
With a simplified process for submitting applications and meeting criteria, we make alternative mortgage lending easier. We are also signed up with all prominent deal flow channels.
Experienced Team
With 30 years of institutional and private mortgage experience, we have become industry leaders in providing brokers with solutions for their clients in British Columbia.
Flexible Solutions
Our flexible lending guidelines allow brokers to offer self-employed, stated income, and credit-challenged clients tailored alternative solutions.
Rush Deals
We can quickly and decisively approve mortgages, financing and extend lines of credit to clients.
Frequently Asked Questions
Obtaining lines of credit can be useful for individuals or businesses that struggle with regular cash flow, need assistance to smooth out monthly incomes and expenses, and for unexpected payments, such as if clients who have a construction loan need credit for a shortfall during their building process.
Yes, there are various credit lines, depending on what is required by the client and what we, as private lenders, can offer. Most situations allow for people to access a secured line of credit (where an asset is used as collateral), an unsecured line of credit (where assets don’t secure the loan), a home equity line of credit (where a house acts as collateral) and personal lines of credit for unexpected expenses or consolidating higher interest rate loans.
Those clients who require a credit line will usually pay a lower interest rate than a credit card or a personal loan, with the potential of lower fees. Cambridge will assess your client’s credit history, current income, level of debt and liabilities, and assets to determine their credit limit and interest rate.
Submitting Mortgage Files With Cambridge
Please speak to our BDM to understand how we can finance your clients’ mortgage needs.
What Our Customers Are Saying
