Loans for owner occupied property generally take 2.5 weeks due to current federal regulations that all lenders must follow. (northcoastfinancialinc.com)
Your source of down payment (minimum 5 % for owner occupied home and 20 % for rental properties). (mybcmortgage.ca)
Many conventional lenders solely focus on owner occupied home mortgages and do not provide financing for investment property loans. (northcoastfinancialinc.com)