R. Mike Mullin, CPA, CGA, Commercial Mortgage Broker2022-12-04T13:11:24-08:00

Professional Commercial Mortgage Brokerage Services Including CMHC Mortgage Insurance

R. Mike Mullin, CPA, CGA, Commercial Mortgage Broker in B.C., Commercial Realtor® & Associate Broker

Please Contact Mike at your Convenience to Chat

A Real Estate Investor’s Best Friend !!

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  • CMHC Insured Multi-Family Residential Mortgages
  • Conventional Multi-Family Residential Mortgages
  • ​​​​​​​​​Mobile and Modular Home Park Mortgages​
  • Land Assemblies
  • Construction & Development Properties
  • Motel & Hotel Properties
  • ​​​Retail Liquor Stores & Pubs
  • ​Mini Storage Facilities
  • Plaza, Office, Retail & Industrial Buildings

The four main types of mortgages

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CMHC INSURED MORTGAGE

Any mulit-family rental building or construction project with 5 suites or more is eligible for a CMHC insured mortgage.

CONVENTIONAL NON-INSURED COMMERCIAL MORTGAGE

These mortgages are, by far, the most common commerical mortgage that is negotiated directly with the lending institution or party.

PRIVATE COMMERCIAL MORTGAGE

There are many varied reasons for a borrower to select a private mortgage. Be it a first, second or third mortgage, the most obvious being necessity as the borrower cannot meet the strict criteria of institutional lenders and/or the private lender’s increased flexibility and shorter approval time.  Despite the higher interest rates and fees, if used judiciously, a private commercial mortgage can very advantageous overall.

VENDOR-TAKE-BACK MORTGAGES

Used mainly to facilitate a purchase and sale of a property, with this mortgage the Seller accepts a certain per centage of the financiing with terms negotitiated between the Seller and the Buyer.  The mortgage can cover all of the required mortgage after considering the Buyer’s down payment or any agreed per centage of it.

Testimonials

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