Select a location from above to display BDMs
Contact a BDM
Manager, B2B Solutions
Jason Provencher Phone: 403.472.7340 Toll Free: 1.888.472.7340 Fax: 403.718.3042 jprovencher@bridgewaterbank.ca
British Columbia
Yvonne Futter Phone: 604.506.7114 Toll Free: 1.866.867.1777 Fax: 403.718.3042 yfutter@bridgewaterbank.ca
Edmonton, central & northern Alberta
Laura Cook Phone: 587.341.4160 Toll Free: 1.844.430.4846 lcook@bridgewaterbank.ca
Ontario north, central & Niagara region
Matt Royston Phone: 705.730.9387 Toll Free: 1.855.730.9387 mroyston@bridgewaterbank.ca
Select a location from above to display BDMs
Contact a BDM
Manager, B2B Solutions
Jason Provencher
Phone: 403.472.7340
Toll Free: 1.888.472.7340
Fax: 403.718.3042
jprovencher@bridgewaterbank.ca
British Columbia
Yvonne Futter
Phone: 604.506.7114
Toll Free: 1.866.867.1777
Fax: 403.718.3042
yfutter@bridgewaterbank.ca
Edmonton, central & northern Alberta
Laura Cook
Phone: 587.341.4160
Toll Free: 1.844.430.4846
lcook@bridgewaterbank.ca
Ontario north, central & Niagara region
Matt Royston
Phone: 705.730.9387
Toll Free: 1.855.730.9387
mroyston@bridgewaterbank.ca

The Gateway Alternative Income Rental Mortgage™


Elite Suite – Exclusive solutions for our top brokers. Connect with your BDM to find out how you can access these products.


The Gateway Alternative Income Rental Mortgage is the best option for clients:

  • Looking to purchase or refinance an investment property
  • Who have non-traditional income
  • Who have a beacon of 680+
  • Who are investors with one or more rental properties

CREDIT

  • 680+ for primary borrower
  • 550+ for co-borrowers
  • Minimum personal net worth of $50,000; visit net worth 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 65% (maximum for primary financing or primary plus secondary financing)

AMORTIZATION

  • Up to 25 years

DOWN PAYMENT

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

Additional product information

Bridgewater Bank Gateway mortgages can be used for purchases, refinances or equity take outs. Our mortgages are available in 1 year, 2 year and 3 year terms.

Prepayment privileges* are available. Up to 20% of loan amount (minimum of $500) can be paid once a year on the anniversary date of mortgage (unused portion cannot be carried forward).

We also offer a 3-2-1 PAYOUT*. We recognize that Gateway Mortgages aren’t forever and your client may need to leave early. Our 3-2-1 payout is simple to understand with no complicated formulas. It’s as easy as 1, 2, 3! Early payout amounts are based on which year of the mortgage the customer is in:

  • Year 1 = 3% of remaining balance
  • Year 2 = 2% of remaining balance
  • Year 3 = 1% of remaining balance
*Certain conditions may apply.

Visit our Gateway product standards page for full details that apply across all Gateway alternative lending products.

Products for your investment property clients

Connect with us to find out more
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