Business Details
35 Years
experience
Your Trusted Mortgage Partner in Kamloops
WestCan Mortgage Solutions has been serving clients since March 1991, founded on the principles of common sense lending and personalized service. Our team brings decades of combined experience in mortgage financing, specializing in private lending solutions for residential properties across British Columbia and Alberta. We focus on small-town communities where traditional lenders often hesitate, offering first and second mortgages, including mobile home financing. Our underwriting team prioritizes practical solutions over rigid formulas, ensuring approvals in as little as four hours. With a reputation for fair dealings and reasonable renewal fees, we maintain strong relationships with brokers and borrowers.Our management teams extensive background in consumer finance, investment banking, and risk management ensures reliable service. We operate through mortgage investment corporations, providing quality mortgages backed by thorough due diligence. Our commitment to efficiency spans from application to funding, supported by a dedicated administrative team. We actively engage with clients through educational resources and transparent communication, avoiding hidden fees. Our long-standing presence in Western Canada reflects our dedication to meeting evolving mortgage needs.
Services
First Residential Mortgages
Second Mortgages
Mobile Home Financing
Private Mortgage Loans
Rural Property Mortgages
Details
- Year established: 1991
Highlights and features
- We offer over 40 years of experience in creative mortgage financing solutions.
- Our common sense approach prioritizes property value over credit formulas.
- We provide approvals in as little as 4 hours for urgent lending needs.
- We specialize in serving small-town communities overlooked by traditional lenders.
- Our renewal fees remain consistently reasonable with transparent terms.
What people say
Common sense lending
Fast and efficient service
Willing to negotiate terms
Understands local market needs
Reasonable renewal terms
Services
First Residential Mortgages
We provide first residential mortgages with loan-to-value ratios up to 75% for single-family homes, condos, and townhouses. Our rates vary based on population density and property type, with flexible terms for urban and rural properties. Clients benefit from rapid underwriting decisions and competitive interest rates tailored to market conditions.
Second Mortgages
Our second mortgage products offer adjustable rates with 125200 basis point adjustments. These loans suit clients needing additional financing while maintaining their primary mortgage. We assess each case individually, focusing on property equity and borrower circumstances rather than automated credit scores.
Mobile Home Financing
Specialized financing for mobile homes on rental pads in British Columbia. We offer terms up to 25 years with minimum loan amounts starting at $25,000. Our program accommodates single and double-wide units meeting age and renovation criteria, providing solutions for properties traditional lenders often decline.
Private Mortgage Loans
Short-term private mortgages (12 years) help clients improve credit ratings before transitioning to conventional lenders. We evaluate property value and marketability alongside borrower history, offering flexible terms for non-traditional income sources and unconventional properties.
Rural Property Mortgages
We specialize in financing for properties within 50 km of city centers and rural acreage up to 25 acres. Our program accepts recreational properties and small commercial-residential hybrids, providing tailored solutions where major banks limit lending availability.
People
Joanne Quigley
General Manager
With over 32 years in mortgage brokering, Joanne oversees operations and underwriting. She manages client relationships and business development while maintaining CMBA-BC membership.
Cheryl Kirstien
Credit Manager
Cheryl leads credit operations with 22 years of finance experience. She evaluates mortgage applications and manages risk while ensuring compliance with industry standards.
Tom Ignatzi
Managing Director
Tom brings 35+ years of finance expertise in underwriting and risk management. He previously held leadership roles at major financial institutions and maintains active CMBA-BC involvement.
Questions
What mortgage products do you offer?
We provide first and second residential mortgages, mobile home financing, and rural property loans with flexible terms.
Do you work with credit-challenged borrowers?
Yes, we assess property value alongside credit history, helping clients with non-traditional income or past credit issues.
How quickly can you approve a mortgage?
Applications receive approval in as little as 4 hours with funding typically completed within days.
Do you finance recreational properties?
Yes, we accept applications for recreational properties within 50 km of city centers.
What fees apply to your mortgages?
Our fees include a 1.55% broker fee (minimum $900) and $270 application fee with no hidden charges.
