Pull cash from home equity, consolidate high-interest debt, or restructure after a decline. Compare A-lender, B-lender, and private options across 30+ BC lenders. Free. No credit pull.
Pick whichever fits. The qualifier matches your situation to the right lender tier.
Pull cash for renovations, business, education, or any major expense. 95% LTV available with the CMHC Spousal Buyout Program.
See cash-out optionsReplace 19.99% credit card balances with 6–8% mortgage debt. Typical BC homeowner cuts monthly carry significantly.
See consolidation optionsB-lenders and private lenders accept files the bank declines — bad credit, self-employed, recent late payments.
See alternativesBased on a BC home with $500,000 existing mortgage balance:
| Home value | A/B-lender max cash (80% LTV) | Private 1st max cash (75% LTV) |
|---|---|---|
| $800,000 | $140,000 | $100,000 |
| $1,000,000 | $300,000 | $250,000 |
| $1,400,000 | $620,000 | $550,000 |
| $2,000,000 | $1,100,000 | $1,000,000 |
Cash out = new mortgage minus existing balance. Subject to qualification, OAC. Run your specific numbers.
| Tier | Rate | Lender fee | Best for |
|---|---|---|---|
| A-lender refinance | ~5.0–5.5% | $0 | 680+ beacon, T4 income |
| HELOC at a bank | ~6–7.5% | $0–$500 | Want flexibility, qualified borrower |
| B-lender refinance | ~6.5–8.5% | ~1% | 550+ beacon, alt income |
| Private 1st | ~8.99–12.99% | ~1–2% | Equity-based, fast close, any beacon |
| Private 2nd | ~10.99–14.99% | ~1.5–3% | Keeps existing low-rate 1st |
General market ranges, subject to change without notice, OAC.
No credit pull. No obligation. A licensed BC mortgage professional calls within 1 business day.
Private 1st: 5–10 business days. B-lender: 2–4 weeks. A-lender: 3–6 weeks. Speed is often the reason borrowers choose private even when other options exist.
If you break a fixed-term mortgage mid-term, yes — typically 3 months interest or the IRD, often $5,000–$15,000+. If you're at maturity (renewal), no penalty. A 2nd mortgage behind your existing 1st avoids the penalty entirely.
Not necessarily. Banks need 680+, B-lenders 550+, private lenders are equity-based with no beacon minimum. The trade-off is rate, not access.
Yes — private lenders fund through arrears if you have equity. BC also uses judicial foreclosure (slower than Ontario), giving you 6+ months to act before the court process completes. See the foreclosure guide.
2-minute qualifier. No credit pull. No obligation.
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