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
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
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

The Gateway Alternative Income Rental Mortgage™

A mortgage program for clients looking to purchase or refinance an investment property.

The Alternative Income Rental Mortgage is a mortgage solution for rental property investors who have non-traditional income.

CREDIT

  • 600+ beacon for primary borrower
  • 550+ for co-borrowers
  • Minimum personal net worth of $50,000; visit BwBbrokerinfo.ca/assets
  • Discharged from bankruptcy for minimum 12 months with re-established credit
  • Consumer proposals considered (must be discharged or paid out from proceeds)

GDS/TDS

  • Maximum of 45% GDS / 50% TDS

LTV

  • Up to 75% (maximum for primary financing or primary plus
    secondary financing)

AMORTIZATION

  • Up to 25 years

DOWN PAYMENT

  • 10% must be from own resources; 25% minimum
  • See BwBbrokerinfo.ca/down-payment for a list of approved down payment
    sources

PROPERTY TYPE

  • Legal, owner occupied or non-owner occupied rental/investment properties
  • Single family, duplex, fourplex, townhouse, apartment, condo
  • Property must be registered in personal name
  • Non-conforming suites in major markets that conform to municipal zoning requirements considered
  • Refer to lending locations – all areas marked with * are accepted rental lending areas

DOCUMENTS

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