Brokers value flexibility and fast approvals. At BlueShore Pacifica Alternative Mortgage Centre, we satisfy that need by providing access to both the lending capabilities of BlueShore Financial’s ‘non-traditional’ mortgage portfolio as well as those of Pacifica Mortgage Investment Corporation. With one application and one email, we offer two mortgage options.
Ongoing regulatory changes and tightening credit guidelines have resulted in many finding it difficult to secure conventional bank financing. With an increase in the need for larger mortgages, individuals such as self-employed entrepreneurs, new Canadians, and those with challenges demonstrating income are finding this a problem. BlueShore Pacifica Alternative Mortgage Centre presents a solution to this problem with our service, flexibility and speed.
We are experienced professionals that understand market conditions and the business needs of the mortgage broker community.
We work with you to provide your clients with progressive and creative mortgage solutions for their alternative mortgage needs.
Our application process is extremely simple, one application, one submission - two alternative mortgage options.
With BlueShore Pacifica, you have two excellent alternative lending options.
Our lending team provides you with quick approvals, best pricing for your clients and great service.
BlueShore Pacifica Alternative Mortgage Centre (AMC) is jointly managed by Capital West Mortgage Inc. and BlueShore Financial. This partnership draws upon the expertise and experience of the leaders of BlueShore and the vast resources of a 4th largest credit union in British Columbia as well as the long term management group at Capital West which has successfully managed Pacifica Mortgage Investment Corporation since inception in 1994.
The current management team includes Shannon Hillman, Steve Canning, Sid Rubin, Daymon Eng as well as the senior executives of BlueShoreFinancial , Chris Catliff, Richard Butterworth and Kevin Henderson.
As management we are committed to providing you with the best alternative financing solutions for your mortgage clients.
Pacifica uses its own lawyer and the client must select their own lawyer/notary.
BlueShore Financial has an approved list of lawyers/notaries and only one is required.
Click below for the lists of BlueShore’s accepted lawyers/notaries and BPAMC appraisers.
|Lending Areas||GVRD, Branch signing required|
|Min/Max Mortgage||$100,000 - $3,000,000|
|Terms||1 Year Open / 1-5 Year Closed|
|Brokerage Fee||Split 50/50|
|Rates (Fixed)||Starting at 5.25% over 25 or 30 Years|
|Rates (Variable)||Starting at Prime +2.50% Interest Only|
|Lending Areas||Major Urban Markets in BC|
|Min/Max Mortgage||$100,000 - $20,000,000|
|Terms||1 Year Open, Interest Only|
|Brokerage Fee||Min 2% - Split 50/50|
|Rates (1st Mortgage)||Starting at 7.49%|
|Rates (2nd Mortgage)||Starting at 8.99%|