Sunlite Mortgage
Author: Kaitlyn Short
Sunlite Mortgage is a Canadian mortgage broker, operating in British Columbia and Ontario. Founded in 2015, Sunlite Mortgage works with over 60 lenders across Canada to secure competitive rates and terms for its clients.
Sunlite Mortgage caters to a diverse range of mortgage needs, including residential mortgage solutions, commercial mortgage solutions, and refinancing options. Free mortgage consultations are available to interested clients, including the opportunity to connect with a mortgage broker who can answer questions and provide insight on mortgage types and rates.
Top Ranked Companies
The Good
- Sunlite Mortgage Lender Network
- Sunlite Mortgage Residential Mortgage Options
- Sunlite Mortgage Commercial Mortgage Options
- Free Mortgage Consultations
Sunlite Mortgage Lender Network
As a mortgage broker, Sunlite Mortgage doesn’t lend directly to homebuyers. Instead the company is partnered with a variety of lenders, providing you with the opportunity to compare more lenders, mortgage products, rates, and terms.
Sunlite Mortgage is partnered with over 60 lenders, an extensive network that sets the company apart from other mortgage brokers. This large network of lenders may help you secure more favorable rates and terms because you’ll be able to compare multiple options at once.
Sunlite Mortgage Residential Mortgage Options
Sunlite Mortgage offers a wide range of residential mortgage products, including the following:
- Self employed mortgage
- Debt consolidation mortgage
- New to Canada mortgage
- Bridge financing
- Home equity line of credit
- Home equity loan
- Investment property mortgage
- Reverse mortgage
- Spousal buyout mortgage
- Second mortgage
- Vacation property mortgage
- Second property mortgage
Sunlite Mortgage sets itself apart with its New to Canada mortgage program that helps newcomers to Canada navigate the Canadian market. This program offers competitive rates and terms, but sets itself apart with a high loan-to-value ratio that allows you to secure financing with a smaller down payment. In addition, the New to Canada program considers alternative credit sources, as newcomers to Canada may not have a credit history in the country.
Sunlite Mortgage Commercial Mortgage Options
For businesses and other commercial property pursuits, Sunlite Mortgage offers a wide range of commercial mortgage products for a variety of property types, such as the following:
- Multi-family residential
- Student housing
- Retirement housing
- Land development
- Mixed-use properties
- Retail buildings
- Industrial properties
- Office buildings
- Storage facilities
- Hotels and motels
In addition to financing options for the property types listed above, Sunlite Mortgage offers business loans — both secured business loan and unsecured business loan products are available.
Free Mortgage Consultations
If you’re interested in Sunlite Mortgage’s mortgage products and services, you can request a free mortgage consultation on the broker’s website. A free consultation provides you with the opportunity to connect with a mortgage broker, allowing you to discuss your personal mortgage needs, and compare loan types and possible rates and terms.
The Bad
- Services Not Available in the U.S.
Services Not Available in the U.S.
Sunlite Mortgage is a Canadian mortgage broker that services homeowners and business owners in British Columbia and Ontario. The company has years of experience in the Canadian mortgage industry and can offer helpful expertise, but the company doesn’t work within the American mortgage industry. Thus, if you live in the United States and are looking for a mortgage broker, you’ll need to compare other available options.
The Bottom Line
Sunlite Mortgage is a Canadian mortgage broker that has an extensive mortgage lender network of more than 60 lenders. The company offers a wide range of residential and commercial mortgage products, providing clients with more mortgage options that may be tailored to specific needs.
