$1.5M Residential Mortgage for First-Time Buyer and Startup Clinic Owner in Cloverdale

Client: Early-Stage Veterinary Clinic Owner 

Property Value: $1,875,000 CAD 

Loan Amount: $1,500,000 CAD via Syndicated Mortgage Facility

In this case, we supported a veterinary doctor who was purchasing her first home in Cloverdale while also launching her private practice. As a first-time home buyer with a new business under a commercial lease and limited revenue history, she was unable to meet the income verification standards of traditional residential mortgage lenders.

Despite these challenges, the client brought strong professional credentials and a clear path to long-term income growth. We identified a syndicated mortgage facility as the ideal alternative mortgage solution to meet her unique circumstances and home financing goals.

The mortgage was structured with 80% loan-to-value, backed by documentation including the clinic’s commercial lease, a professional business plan, and personal financial disclosures. Through our trusted lender network, we secured a $1.5 million residential mortgage at a variable rate of Prime + 0.50%, with flexible repayment terms tailored to an early-stage business owner.

The syndicated lending model allowed risk to be shared across multiple lenders, all familiar with supporting entrepreneurial professionals. This structure ensured home financing success where conventional mortgage channels had failed.

This case underscores our ability to deliver creative, structured home financing for mixed income and non-traditional income mortgage scenarios. Whether you're an early-career entrepreneur or a first-time buyer navigating lending complexities, we can help you move forward with confidence.

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Fill out our application form or reach out to us directly, and one of our expert mortgage brokers will work with you to create a financing plan designed to achieve your goals.

Discover how we’ve helped clients secure the funding they needed by exploring our case studies. Visit our services page to see everything we can do for you.