Lender Information

Cavan Cheng

Regional Manager, Business Development

(604)218-2738

cavan.cheng@wealthonecanada.com

Submission Agent

Kevin Dear

Submit Direct With Velocity

Yes

Portal Website

General Guidelines

Rental Worksheet

How to Send Documents

Application Submission Procedure:
Please email your client application, clients signed credit consent and other supporting documents directly to me at cavan.cheng@wealthonecanada.com
Cavan Cheng

Niches

Wealth One Advantages:
- Max loan amount up to $3 million
- No premium price for mortgages over $1M
- Clients with multiple rentals (up to 10 doors)
- Clients can have the mortgage held in their Holding Company
- Incorporated business owner: Using 50% net business income for debt servicing
- Minimum square footage of 375 sq ft for condo in Greater Vancouver
- Canadian citizen/PR clients with oversea income (from China/Hong Kong only)