Guiding You on Your Path to Health

Mid Island Mortgage has been a trusted provider of mortgage services in Nanaimo for over three and a half decades. We are dedicated to helping you with all of your mortgage needs, whether you are a first-time homebuyer or looking to refinance your current home. Our team of loan experts is committed to earning your trust from start to finish, providing you with the best mortgage options available.

Our Brokers

At Mid Island Mortgage, we are proud of our team of experienced brokers. Our brokers are knowledgeable, approachable, and dedicated to providing you with the best mortgage solutions tailored to your unique needs. We work with a variety of lenders to ensure that you have access to the best rates and terms available.

Services Offered

Mid Island Mortgage offers a range of services designed to meet your mortgage needs. Here are some of the services we offer:

First, Second, and Third Mortgages: We provide first mortgages, second mortgages, and third mortgages. Whether you are purchasing your first home or your hundredth, we are here to help.
Pre-Approvals: We work with you before, during, and after the mortgage process to ensure that you are satisfied with our services. We work with you to get the best rates and hold those rates for up to 120 days while you find your dream home.
No Fee Mortgages: We do not charge fees to our clients. Our fees are paid by qualified lenders, so you can rest assured that we are working in your best interest to find you the best rate possible.
Refinancing Your Home: If you have a big purchase coming up or would like to pay off some of your debts, we can help you refinance your home. Use the equity you have in your home to help you and your family get ahead in life!
Rental Properties & Gulf Island Financing: We work with you to make sure you are informed and comfortable with the process of buying investment property. We also deal with properties on Gulf Islands that banks won't finance!
Stress-Free Mortgage Process: We help first-time homebuyers understand the mortgage process to help reduce stress. We are thorough, upfront, and review each step so you won't be overwhelmed. We believe that everybody should be treated with equal consideration, care, and courtesy.

Mortgage Programs

We offer a variety of mortgage programs designed to meet your unique needs. Here are some of the mortgage programs we offer:

Conventional Mortgages: A conventional mortgage is a loan that is not insured by the government. These mortgages typically require a down payment of at least 20%.
Insured Mortgages: Insured mortgages are loans that are insured by the government through the Canada Mortgage and Housing Corporation (CMHC). These mortgages typically require a down payment of less than 20%.
Flexible Mortgages: Our flexible mortgages offer you the ability to increase your mortgage payment, make lump sum payments, or even skip a payment.

Mortgage Tools

We offer a variety of tools designed to help you navigate the mortgage process. Here are some of the tools we offer:

Mortgage Calculator: Our mortgage calculator is designed to help you gain personalized insight into what home loan works best for you.
Mortgage Application: Apply with confidence using our secure online application form. It's fast, simple, and secure!
Glossary of Terms: The financial world has its own language that can seem daunting. We're here to help!

At Mid Island Mortgage, we are committed to providing you with the best mortgage options available. Contact us today to learn more about how we can help you achieve your homeownership goals!

Update Share

Positive: Many customers have praised the team's exceptional service, knowledge, and results, making it an excellent mortgage broker to work with.

Negative: One reviewer had a negative experience due to feeling rushed and nearly losing their deposit.

Exceptional Service and Results

Many customers have had outstanding experiences working with Mid-Island Mortgage and their team. Reviewers praise the team's dedication to finding the best outcome for their clients, their pleasant demeanor, and rapid responsiveness. The lenders have received multiple awards for being knowledgeable, transparent, and selfless in their dealings, which has led to many successful and stress-free transactions.

Complicated Files Made Easy

Some customers had complicated financial situations, but Mid-Island Mortgage's team was able to find solutions that worked for them. They were able to get approvals quickly and have mortgages ready just in time for important deadlines. Reviewers rave about the team's professionalism, knowledge, and ability to explain everything clearly.

Knowledge and Guidance

First-time homebuyers have also had excellent experiences with Mid-Island Mortgage. The team has taken the time to thoroughly explain the home purchasing process, providing guidance and reassurance throughout the journey. Reviewers praise the team's patience and willingness to answer questions, making the experience easy to understand and straightforward.

Area for Improvement

Unfortunately, one reviewer had a negative experience with Mid-Island Mortgage. They reported feeling rushed and nearly losing their deposit after multiple months of working with the company. This reviewer would not recommend working with the company in the future.

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