Consumer Services - Richmond, British Columbia, Canada
As a mortgage lender, Canwealth is positioning our main business on high-quality mortgage market, focusing on the central areas where the market is relatively stable and the default rate is comparatively low. On the other hand, our main customers are basically from those who have an acceptable underwriting risk. Our existence is significant because it makes up for the vacancies from the limited lending business of large financial institutions. Our lending parameters are very strict and conservative, requiring all LTV of no more than 75% of the professionally-praised property value. The amount of loans in general is between $50,000 and $ 5 million. For large amount of loans, we usually cooperate with financial institutions or private lenders in order to achieve the best risk control.
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