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Quality Service for Over 30 Years
 
  
 
 
 
 

 
 
Welcome...


Cove Mortgage Ltd. is one of British Columbia's largest and most active private lending firms. We have over 100 million dollars in private funds available through private resources and our Mortgage Investment Corporations.

We offer unique investment opportunities to our Investors and creative mortgage solutions to our Brokers.

Please click on the tab on the left to access the area that interests you.

COVE MORTGAGE INVESTOR PRODUCTS...

Cove Mortgage offers its investors variety of mortgage products varying by yield and risk, from ultra-conservative to medium-risk products. All mortgages are in British Columbia.

CMIC First
CMIC
Private Mortgages
Up to 65% LTV
Up to 75% LTV in Vancouver and Victoria
Up to 80% LTV
Up to 50% LTV on Strata in major centres only
Up to 65% LTV on Strata and outlying areas
Up to 80% on Strata
Residential only
Residential and up to a maximum of 20% Commercial
Residential & Commercial
First mortgages only
First and Subsequent Mortgages
First and Subsequent Mortgages
British Columbia only
British Columbia only
British Columbia only
Yield 6% - 8%
Yield 8% - 9%
Yield 12% - 14%

CMIC First is for risk-adverse investors looking for a conservative return on a conservative product.

CMIC is for normal risk investors looking for a higher return but with the protection of a pool of mortgages.

Private Mortgages provide the highest yield for savvy investors. Deals are custom and yields are higher than the other investments.

** January 27, 2010: Statements and dividends have been mailed. Click "for cmic investors" for updated Portfolio and Return information

 

 

 

 

 
 

 

 

 

 
      Note: Currently only operating in BC, Canada  
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