How Do Mortgage Lenders Calculate Affordability in BC?
From big banks to B lenders, everyone calculates affordability slightly differently. Review the main differences and learn which lender type might be best for your financial situation.
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No matter what your financial situation, Auxilium Mortgage is here to get you into the home of your dreams
HOW TO GET A MORTGAGE
The Mortgage Application Process with Auxilium
01
Complimentary Consultation
Meet with our expert team in a no-obligations consultation to learn more about your situation and explore possible mortgage solutions.
02
Mortgage Approval
We present you with mortgage options and you select the one you’d like to move forward with. Then, we submit the paperwork and secure a formal approval with a lender.
03
Lawyer Instruction & Closing Review
We forward all necessary documents to your lawyer for their review before you close on your new home.
04
Lawyer Visit
You meet with your lawyer to review and sign all mortgage and home purchase documents.
05
Move In
You receive the keys and move into your new home!
Over 2000 Happy Clients in Colwood and Across Vancouver Island
From first-time home buyers to seniors looking to leverage their home’s equity, we specialize in helping Vancouver Island residents find the mortgage solutions that work best for their current financial situation and future goals.
MORTGAGE RESOURCES
Expert Advice for Colwood Homeowners
How Long Does a Home Loan Pre-Approval Take in British Columbia?
From gathering documents to waiting for a credit check, here’s how long getting pre-approved for a mortgage takes and why it’s such a great idea to get pre-approved.
Big News for First-Time Home Buyers: 2025 Updates to GST Relief Program
First-time home buyers can now save the GST on new homes up to $1.5 million! Here’s who qualifies and how much you could save.
Can You Buy a Home Without a Down Payment in Canada?
While you can’t purchase a home without a down payment, there are plenty of ways to reduce the financial burden saving for your new home can cause.
Supporting our Local Colwood and Victoria Communities
When you purchase a home, you’re getting more than just a roof over your head. You also become a part of the community alongside Auxilium Mortgage and many fantastic local organizations. We’re proud to actively support these local organizations in Victoria and the Westshore, because we live and play here too!
