For the broker
We Have A Solution For Every Mortgage Situation
- Consumer Proposals / Bankruptcy
- Credit Card Debt
- Mortgage Arrears
- Self-Employment Income / Not Reporting Enough
- Bad Credit
- Renovation/Construction Refinance
- Purchase
- Power of Sale
- Declined at Your Financial Institution
East Coast Private Lending is a private mortgage brokerage, securing the Investor to the Client. Our underwriter is highly motivated to provide you with a positive and successful lending experience. With our philosophy on broker success, East Coast Private Lending wants to offer your clients a fast and competitive solution. We guarantee we’ll be in touch with you in a timely manner “fast”. We understand that your deal is important and requires immediate reaction for you to maintain your client. “Your success is our success!”
| Ranking | LTV |
|---|---|
| 1st | Rural 50% - 65% |
| 1st | Urban Max 75% |
| 2nd | 75% |
| Beacon score | No requirements |
| Term | Minimum three months |
| 6 months | |
| 12 months | |
| 24 months | |
| Loan amount | $50,000 |
General Guidelines
- Owner occupency, non owner-occupied, commercial building
- Loans up to 75% LTV in urban areas
- Interest-only payments
- Lending in New Brunswick, Nova Scotia and Prince Edward Island
Tips for funding your deal faster
- Provide all documentation required on our document checklist
- If this deal has a rush closing, please advise underwriter
- Provide us with a summary of your deal so we can understand the exit strategy
- Disclose if the client has judgements, liens, CRA debts, etc.
Our checklist
- Send your application through FILOGIX, with credit bureau
- Send income confirmation, pay stub, NOA, or six months of banks statements
- If purchase, send in Agreement of Purchase and Sale
- If refinance, send in present mortgage statement, property tax bill and house insurance policy
Contact Our Team
Ginette Goguen,
Principal Broker
- 35 Years of finance experience in NB assisting with investment and mortgage needs
- Licensed Broker in NB & NS
- Outstanding customer focus and vigilance with detail has provided a track-record of industry success
Ryan Kennedy, BSc, PharmD, MBA
Mortgage Associate/Investor Representative
- 18 years of entrepreneurial experience including commercial real estate ownership
- Successful exit from small business after growing from $0 to $7M revenue over 13 years
- Graduate of Wallace McCain Institute Entrepreneurial Leaders Program
Trevor Bowie,
Business Development Manager
- 20 years of experience in private lending underwriting and administration in Nova Scotia, New Brunswick and P.E.I.
- Experienced private lender
- Commercial property owner
- Licensed mortgage associate in NB and NS
Lets start a discussion
Email admin@ecpl.ca
Telephone 1-506-333-6754
Contact Us
1-506-384-3155
NB brokerage license number: 220012585 l NS brokerage license number: 2021-3000350