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Vice-President, National Sales
Jason Provencher Phone: 403.472.7340 Toll Free: 1.888.472.7340 Fax: 403.718.3042 jprovencher@bridgewaterbank.ca
Headshot of Jason Provencher
Lower Mainland, Island and northern British Columbia
Yvonne Futter Phone: 604.506.7114 Toll Free: 1.866.867.1777 Fax: 403.718.3042 yfutter@bridgewaterbank.ca
Headshot of Yvonne Futter
Edmonton, central & northern Alberta
Laura Cook Phone: 587.341.4160 Toll Free: 1.844.430.4846 lcook@bridgewaterbank.ca
Headshot of Laura Cook
Select a location from above to display BDMs
Contact a BDM
Vice-President, National Sales
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
Fax: 403.718.3042
jprovencher@bridgewaterbank.ca
Headshot of Jason Provencher
Lower Mainland, Island and northern British Columbia
Yvonne Futter
Phone: 604.506.7114
Toll Free: 1.866.867.1777
Fax: 403.718.3042
yfutter@bridgewaterbank.ca
Headshot of Yvonne Futter
Edmonton, central & northern Alberta
Laura Cook
Phone: 587.341.4160
Toll Free: 1.844.430.4846
lcook@bridgewaterbank.ca
Headshot of Laura Cook

For rental property deals, marketability matters

In this deal scenario, our primary applicant is self-employed, and already the owner of two rental properties. She wanted to invest in a third property in a small town with her daughter, and we wanted to help make that happen.
Self-employment is one of our specialties, so we were able to expertly fold this into another part of the big picture—the marketability for this investment.
By running their existing properties through our rental income worksheet and using our add-back model to improve their financials, our underwriter was able to strengthen their already stable income. A positive appraisal helped push the deal even more.
And just like that, another deal is done at a rate of 3.89%– and the broker secures the potential for future business working on their renewal after their 1-year term is up.

**The AIR is compounded semi-annually, not in advance. The APR based on a $300,000 loan on a 1-year term, with a 30-year amortization and loan fee of 1% is 4.89%.
All rates are subject to full underwriting policy and may change without notice.
Should you have questions, please contact your BDM.
For internal broker use only. Not intended for external consumer use.

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