Lender Information
Submission Agent
Kevin Dear
Submit Direct With Velocity
Yes
Portal Website
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)