Structuring Financing for Properties Over $1 Million

Securing financing for luxury properties in British Columbia requires a specialized approach that goes beyond conventional mortgage products. For properties exceeding $1 million, CMHC insurance is not available, which means lenders require a minimum 20% down payment.

This creates unique challenges — and opportunities — for high-net-worth buyers. Uninsured mortgages often come with slightly higher rates, but the right broker can negotiate terms that offset this premium. Access to private lenders, credit unions, and alternative lending institutions expands your options significantly.

Portfolio structuring becomes critical at this price point. Rather than viewing each property in isolation, I work with clients to design a holistic financing strategy that considers tax implications, cash flow optimization, and long-term equity growth across their entire real estate portfolio.

In BC's competitive luxury market — from Vancouver's West Side to Whistler and the Okanagan — timing and preparation are everything. A pre-approval with the right lender, structured for your specific property type and investment timeline, gives you the competitive edge needed to secure your ideal property.