Cedar Peaks Mortgage Services Ltd. was established as a Mortgage Brokerage, specializing as a source for alternative and non-conventional Mortgage funding requirements. We are primarily a short-term, asset focused Lender operating in markets not well serviced by traditional Lenders.

Cedar Peaks Mortgage Services is licensed by the Real Estate Council of Alberta, and is a member of the Alberta Mortgage Brokers Association and the Canadian Institute of Mortgage Brokers and Lenders.

Capital Funds are provided to Cedar Peaks Mortgage Services from a large group of private Investors.  Through the confidence of these Investors, Cedar Peaks facilitates the needs of Borrowers in a wide range of financing requirements that includes purchases, re-financing, equity take-outs and new construction.  Residential, Commercial, Industrial, Raw land and Multi-family properties can all be accommodated under our lending criteria.

There is a growing demand for alternative and flexible sources of Mortgage financing, and this trend is certain to grow as traditional Lenders concentrate more on fee-based activities, while proceeding to tighten their lending criteria.

At Cedar Peaks we understand the frustrations of seeking mortgages funding in today’s ever expanding market, and are focused on integrity and excellent customer service to ensure that your funds are available in a timely manner.  We pride ourselves on our process and methods, working with the Borrower through the entire cycle and providing a high level of comfort and satisfaction.

Many individuals have more than one stream of income, which cannot be "proven" due to a lack of the documentation required by traditional financial institutions. Commission salespeople are just one example.  There are many situations that arise which enable people to change employers and this can create a lack of employment history that the conventional institutions strongly rely upon. Cedar Peaks looks at the equity position of the Borrowers and then analyzes the perceived risk rather than just employment history.   

Self-employed individuals often have a difficult time proving their income.  The financial situation of a company can often be substantially different than the cash flow position, so traditional institutions are often hesitant to lend. As with employed individuals, Cedar Peaks has the ability to use non-income verification methods to provide financing to this group.

Individuals who are new to Canada or non-residents who do not have enough credit history to qualify with traditional financial institutions are another group that requires alternative financing.  Cedar Peaks Mortgage Services Ltd. looks at the individual's overall history instead of just using current Canadian documentation to provide funding.

Canada is a debt-laden society.  It is often the case that people have faced credit problems in the past, and they are still dealing with the situation years later.  Cedar Peaks takes a more flexible approach by working out feasible solutions for people in this target group.

Traditionally, there is a debt service ratio that determines the amount that can be borrowed from financial institutions in relation to your current income.  In many cases, earnings have not increased as dramatically as market prices, and individuals are not able to finance mortgages. Cedar Peaks enables these individuals to achieve their financing needs in a secure and realistic manner.