Our goal is to provide you with prompt approvals for the loans¹ that are right for your clients.
Our loans are for individual investors' non-registered investments and CSV whole life policies. Corporate investment loans are not available.
Credit requirements for 100% No Margin Call loans
- Minimum incomes for B.C. and Ontario: $60,000 individual applicant; $75,000 combined for joint applicants
- Minimum incomes for other provinces and territories: $50,000 individual applicant; $65,000 combined for joint applicants
- Proof of income (recent paystub for salaried applicants, 2 yrs. Notices of Assessments for self-employed and commissioned sales applicants)
- Credit bureau score above 700
- 35% TDSR (based on 20 year amortization)
- Loan cannot exceed 50% of the applicants' tangible net worth
Credit requirements for all other investment loans and CSV loans²
- No income verification required
- TDSR is not calculated
- Credit bureau score above 650
- No net worth requirements
Please note: Loan applications exceeding the quoted maximums may be considered, but will require additional documentation, including but not limited to, proof of unencumbered investments worth 150% of the loan amount, and confirmation of income.
For advisor use only.