3015 Discovery Street, Vancouver, BC V6R 3Y8 | Phone: 604-221-2322
      
Today's Rate  [Feb, 09, 2012]

Prime Rate: 3.00%
GOC 5-yr Bond Yield: 2.358%


 Term Our Rate Bank Rate
1 year closed 2.75 3.50
2 year closed 2.84 3.55
3 year closed 2.99 4.05
4 year closed 3.19 4.79
5 year closed 3.25 5.29
7 year closed 3.99 6.35
10 year closed 4.49 6.75
Vars.(5yrs) P-0.20 Prime
Vars.(5yrs open) - -
Line of Credit P+0.50 -


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Residential Mortgage
Apartment condominium in Vancouver, BC. Appraised value $398,000. 1st Mortgage amount $318,400. Loan-to-value ratio 80%. Purchase of a resale condominium in the Yaletown district. Self-employed client purchased the subject property for investment.

Commercial Mortgage
Retail/office strata unit in North Vancouver. Purchase price $355,000. 1st Mortgage $248,500. Loan-to-value 70%. Clients purchased the property to set up their own service business.

Testimonials

I approached ADM for a commercial loan. From numerous brokers, I chose to work with ADM because I had a favorable impression of the company for professionalism and reliability. They met my expectations. Throughout the process, Sunny and Han provided advice and direction. They kept me well informed and got things done. I will rely on them again for future business ventures and projects.

- Y.S. Choo, Chetwynd -