VIVID Mortgage

Vivid Mortgages is a modern, full-service company that works with a wide range of lenders. In the Lower Mainland, we concentrate on sourcing mortgages at first-tier rates for homeowners. Vivid provides both first-tier and second or subprime mortgages that banks cannot accept. Since 2007, Vivid has been ran by Michael Sjerven. Current online technology is used to locate competitive lenders who can finance your mortgage. Second mortgages are also known as home equity loans. These loans can be used to consolidate debt or borrow money. If you don't qualify for bank financing, these loans are often used. These mortgages are more expensive because they come with higher interest rates and fees. However, lower-income homeowners can benefit by using their home equity (i.e. 25% or more). Our lenders will be private lenders such as MICs, non-bank financial institutions or individuals. Interest-only 2nd mortgages usually have 1-year terms. These loans are simple to qualify for due to lack of paperwork.

Highly rated mortgage broker Mike has earned his happy customers’ praise by delivering exceptional service and favourable mortgage rates. He has a long list of satisfied customers and they frequently refer the experienced mortgage expert to friends, some of whom have come back to buy or refinance several times. Many customers say Mike stands out due to his good communication skills, seeming to work 24/7 and to know all loan options. He has helped set up complicated mortgages. Even in tough loan situations, his ability to sniff out more favorable agreements has been critical as have his good relationship with loan providers. This has saved many borrowers tens of thousands of dollars. Mike and his team made this otherwise stressful process enjoyable.