Business Details
41 Years
experience
Your Trusted Mortgage Brokers in Nanaimo
Mid Island Mortgage has been dedicated to serving clients in Nanaimo and surrounding areas since 1985. Our team of experienced mortgage professionals prioritizes personalized service, leveraging decades of industry expertise to secure tailored mortgage solutions for first-time homebuyers, investors, and everyone in between. We maintain strong relationships with major lenders and specialize in navigating complex scenarios, including self-employed income verification, rental property financing, and subprime mortgages.Our commitment to transparency ensures clients receive clear guidance throughout the process, with no hidden fees and a focus on long-term financial success. As active members of the Canadian Association of Accredited Mortgage Professionals and the Mortgage Brokers Association of British Columbia, we stay at the forefront of industry developments to deliver reliable, client-centric service.
Services
First Mortgages
Second Mortgages
Third Mortgages
Rental Property Financing
Refinancing
Private Mortgages
Subprime Mortgages
Mobile Home Financing
Construction Mortgages
Debt Consolidation Mortgages
Details
- Year established: 1985
Highlights and features
- We offer no-fee mortgages with rates sourced from qualified lenders
- Our team has specialized expertise in self-employed mortgage qualification
- We provide financing solutions for Gulf Island properties banks won't finance
- We hold mortgage rates for up to 120 days during home searches
- We specialize in subprime and private mortgage options for unique situations
Associations and certifications
- Canadian Association of Accredited Mortgage Professionals
- Mortgage Brokers Association of British Columbia
What people say
Friendly and efficient
Great to work with
Hard work appreciated
Recommend to others
Excited about service
Services
First Mortgages
We provide first mortgage financing for home purchases with competitive rates and flexible terms. Our brokers work with multiple lenders to secure optimal solutions for both first-time buyers and experienced homeowners. We offer conventional mortgages requiring 20% down payment or insured options with lower down payments through CMHC and other providers. Our team ensures clear explanations of all mortgage features and obligations.
Rental Property Financing
Specialized mortgage solutions for income property investments. We help clients finance rental properties with 20% down payment requirements, navigating the specific documentation needs for investment properties. Our brokers maintain relationships with lenders offering competitive rates for both small portfolio investors and large-scale developers across Vancouver Island and Gulf Islands.
Subprime Mortgages
Mortgage options for clients with credit challenges or non-traditional income situations. Our subprime and private mortgage programs accommodate borrowers who don't qualify through traditional lenders due to credit history, employment status, or property type. We work with private investors to provide financing solutions while developing improvement plans for future conventional mortgage eligibility.
Refinancing
We help homeowners access equity through refinance options or secure better rates at renewal. Our team evaluates current mortgage terms, compares market offerings, and negotiates with lenders to optimize clients' financial positions. We also facilitate debt consolidation through home equity to simplify payments and potentially reduce interest costs.
Mobile Home Financing
Specialized mortgage programs for mobile and manufactured homes. We provide financing options for both land-and-home packages and park-located units, addressing the unique requirements of this property type. Our brokers work with lenders who understand the specific valuation and risk assessment needs of mobile home financing across British Columbia.
People
Kevin Decker
Senior Mortgage Broker, Owner
With over 25 years in the mortgage industry, Kevin Decker leads Mid Island Mortgage with a commitment to personalized service. He specializes in complex mortgage solutions and maintains strong lender relationships to benefit clients. Kevin focuses on long-term client relationships and community involvement through local sports organizations.
Jason Barudin
Mortgage Broker
Jason Barudin brings extensive experience in residential and commercial mortgage solutions. He leverages technology to provide up-to-date financing options while maintaining a client-focused approach. Jason emphasizes honest advice and has built a reputation for creative problem-solving in mortgage financing across Vancouver Island.
Blaire Bourcier
Mortgage Broker
Blaire Bourcier offers 15+ years of mortgage industry experience with a focus on client relationships. She specializes in guiding first-time homebuyers through the mortgage process while providing tailored solutions for experienced investors. Blaire prioritizes clear communication to make financing decisions straightforward for all clients.
Questions
What mortgage programs are available for first-time homebuyers?
We offer insured mortgage programs with 5% down payments, 30-year amortizations, and access to government rebates. Our brokers help navigate these options to find the best fit for your situation.
Can I get a mortgage with self-employed income?
Yes, we offer stated income programs for self-employed individuals. We work with lenders who accept alternative income verification methods while ensuring responsible lending practices.
Do you offer financing for investment properties?
We provide rental property financing with 20% down payment requirements. Our brokers help clients navigate the specific documentation needs for income-generating properties across Vancouver Island.
What options exist for clients with credit challenges?
We offer subprime and private mortgage solutions for clients who don't qualify through traditional lenders. Our team develops improvement plans to help clients transition to conventional mortgages.
How do mortgage insurance requirements work?
Mortgage insurance is required for down payments under 20%. We work with all major insurance providers and help clients understand premium costs and qualification requirements.
