Responsible Lending in Our Community Since 1987
(204) 956-0769
Why should I borrow from Sun Mortgage Corporation?
Why should I borrow from Sun Mortgage Corporation?
Sun Mortgage Corporation has over 25 years’ experience in private mortgage financing. Loan approvals, subject to appraisal, are provided 24-48 hours from time of application. The application process is simple and straightforward. We are large enough to handle most loan applications including commercial loans up to $5,000,000 and small enough to provide prompt and personalized service. We are able to provide financing for a range of scenarios from single family residential loans to more complex commercial and construction loans. As a local provider of creative mortgage solutions, we believe we are uniquely positioned to understand your needs and provide optimum service. As a regulated institution in Manitoba and Saskatchewan, Sun Mortgage Corporation must exercise the highest degree of ethical business conduct and our brokers and customers have the right to expect this standard when dealing with us.
How much can I borrow?
How much can I borrow?
Up to 75% of the appraised value of your home or 65% of the value in the case of commercial properties. We pride ourselves on being responsible lenders since 1987. In other words, we are happy to provide financing when the loan is beneficial to all parties involved.
What are the costs?
What are the costs?
In any private loan offering, borrowers need to consider all of the costs involved in conjunction with the rate being offered. Our rates are very competitive in the industry. Many lenders charge any number of fees, administration costs, application fees, lender fees and so on. Our fees are straightforward and are fully disclosed upfront. We charge a reasonable placement fee to source investors for your loan and that’s all. No other fees, no hidden fees and no surprises!
Do I need a lawyer?
Do I need a lawyer?
Yes. Our lawyer will prepare all of the mortgage documents for you, however we require all of our clientele have their own independent legal advice.
Do you provide second mortgage financing?
Do you provide second mortgage financing?
Sun Mortgage Corporation does not provide second mortgages, however there may be situations when it may make sense to provide a short term first mortgage to provide the funds you require.
Are you licensed?
Are you licensed?
Yes! Sun Mortgage Corporation is fully licensed in the provinces of Manitoba and Saskatchewan. Accordingly, our trust records are audited by an independent accounting firm annually. We strictly adhere to the rules and legislation governing our industry. Our licenses enable us to provide mortgage brokerage services for our borrowers, private lending services for both our brokers and borrowers, and mortgage administration services for our investors.
How do I get in touch with you?
How do I get in touch with you?
We are located in Winnipeg, Manitoba. Reach us toll free at
1-866-956-0769 or view our contact page for additional contact methods.
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LOCATION & CONTACT
Location
460-167 Lombard Ave
Winnipeg, MB
R3B 0T6