Olympic Mortgages to the rescue. We had been with a major bank for about 40 years, had several mortgages with them, and suddenly found them completely incapable of supporting us for our most recent mortgage. It should have been easy…we have stable income, good credit ratings, we’re looking to buy a smaller, less expensive home. Pretty low risk profile. Nonetheless, after 10 days, they still hadn’t approved us for a mortgage, and wanted to impose all kinds of conditions which we hadn’t previously seen.
We decided to go a different route, and speak with a mortgage broker for the first time. We feel very fortunate that we ended up speaking and working with David and the team at Olympic. We were approved in under 15 minutes, and for a rate we could never have got at our bank.
Thank you, David and team!