Why use a mortgage broker versus going to my bank?

Do you trust your banker to tell you that their competition has a better mortgage? Me neither! I work on your behalf and can get you a mortgage from over 50 different banks, credit unions and lenders. It'll save you from going bank to bank to see what they can offer you, I do that for you. With one application and one credit check too!

Are there any extra fees or costs to use a broker?

No. The bank pays me a referral fee for doing the work, at no cost to you.

Do I have to move my other accounts to the new bank?

No. You can keep your existing accounts and mortgage payments can be withdrawn from your current account.

The lender pays me a referral fee for arranging your mortgage, so there is typically no direct cost to you.

Why use a mortgage broker instead of going to my bank?

A mortgage broker like Chad Watts works for you, not the bank. With one credit check and one application, Chad shops your mortgage across 50+ banks, credit unions, monolines, and private lenders in BC to find the best rate and terms for your situation. Your bank only shows you their own products. A broker shows you the whole market — at no cost to you.

How does a mortgage broker get paid? Are there fees?

For most standard residential mortgages — purchases, renewals, and refinances — there is no cost to the borrower. Lenders pay Chad a referral fee for placing the mortgage with them. For some alternative or private lending situations, a broker fee may apply and will always be disclosed in writing upfront.

Can I get a mortgage if I am self-employed in BC?

Yes. Self-employed mortgages are one of Chad's core specialties. Many major banks struggle with self-employed income because it looks irregular on paper. Chad works with lenders that have specific Business-for-Self (BFS) programs — including bank statement mortgages, stated income programs, and Alt-A products — to help self-employed borrowers qualify where the big banks say no.

Can I get a mortgage with bad credit in BC?

Yes. Through B-lenders, credit unions, and private mortgage lenders, Chad can often find solutions for borrowers with bruised credit, collections, consumer proposals, or past bankruptcies. The interest rate will be higher than an A-lender, but these options help bridge the gap while you rebuild your credit.

What is the minimum down payment to buy a home in Canada?

In Canada, the minimum down payment is 5% on homes up to $500,000. For homes between $500,000 and $999,999, it is 5% on the first $500,000 and 10% on the portion above $500,000. For homes $1,000,000 and above, a minimum 20% down payment is required and CMHC mortgage insurance is not available.

Should I choose a fixed or variable rate mortgage?

It depends on your risk tolerance and financial situation. Fixed rates give you payment certainty — your rate and monthly payment don't change for the term. Variable rates fluctuate with the lender's prime rate and can save money when rates fall, but payments can rise. Chad models both scenarios with every client so you can make an informed decision based on your specific numbers.

What areas does Chad Watts serve in BC?

Chad serves clients across Metro Vancouver and the Lower Mainland, including Vancouver, Burnaby, Richmond, Surrey, Coquitlam, North Vancouver, West Vancouver, New Westminster, and Port Moody. All consultations are available by phone or video, and Chad also offers mobile service throughout the Lower Mainland.

How much down payment do I need to buy in North Vancouver?

Chad Watts helps North Vancouver buyers qualify with as little as 5% down on homes under the insured price cap, through CMHC high-ratio programs. Above that threshold, or on higher-value North Vancouver detached homes, a larger conventional down payment applies. Chad Watts reviews your target price point and matches you to the right program.

Can I get a mortgage in North Vancouver if I'm self-employed?

Yes. Chad Watts is a self-employed mortgage specialist and works with lenders that accept business financials and notices of assessment instead of a T4. This is one of the most common file types Chad Watts handles for North Vancouver clients in trades, construction, and consulting.

What is the average home price in North Vancouver right now?

North Vancouver's benchmark home price was $1,314,000 across all property types in May 2026, with detached homes at $2,102,000 and apartments at $783,100, based on MLS HPI data via REBGV. Chad Watts uses current figures like these to set realistic pre-approval targets for North Vancouver clients.

How fast can Chad Watts pre-approve me in North Vancouver?

A pre-approval can often be completed within 1 to 2 business days once your documents are submitted. Chad Watts reviews your goals first, then matches your file to the lender most likely to approve it quickly.

Which lenders does Chad Watts work with for North Vancouver buyers?

Chad Watts has access to 50+ Canadian lenders through TMG, including major banks, credit unions, monoline lenders, B-lenders, and private lenders, so North Vancouver buyers are not limited to one institution's rules.

Do I have to visit an office to get a mortgage in North Vancouver?

No. Chad Watts serves North Vancouver as a mobile broker. Applications, documents, and lender submissions are handled by phone, video call, and secure digital upload, so North Vancouver clients never need to travel to a branch.

Can I refinance my North Vancouver home with Chad Watts?

Yes. Chad Watts arranges refinancing for North Vancouver homeowners who want to consolidate debt, fund a renovation, or access home equity, and compares the offer against your current lender's terms before you commit.

What credit score do I need to buy a home in North Vancouver?

Requirements vary by lender, and Chad Watts's access to B-lenders and private lenders means North Vancouver buyers with lower or rebuilding credit still have real options, not just a flat decline.

Who is a good mortgage broker near Lynn Valley or Lower Lonsdale?

Chad Watts serves all of North Vancouver, including Lynn Valley, Lower Lonsdale, Deep Cove, and Pemberton Heights, with the same lender access and personal point of contact regardless of neighborhood.

Mortgage Broker in North Vancouver, BC | Chad Watts

⭐⭐⭐⭐⭐ 5.0 · Based on 60 Google reviews

Chad Watts helps North Vancouver homeowners, from Lynn Valley families to self-employed North Shore tradespeople, find a mortgage that fits their real income and their real timeline, without the bank runaround.

Licensed BCFSA Sub-Mortgage Broker #142612 · 15+ years serving Metro Vancouver

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Free, no obligation, speak directly with Chad, not a call center.

★ 5.0 rating, 60 Google reviews · BCFSA Licence #142612 · 15+ years in Metro Vancouver · Access to 50+ lenders through TMG

Home Financing for North Vancouver Residents

Chad Watts knows the North Shore market block by block, from the character homes climbing the hillside in Pemberton Heights to the new towers rising along the Shipyards in Lower Lonsdale. Whether a client is refinancing a character home near Grand Boulevard or buying a first condo near Lonsdale Quay, Chad Watts matches the lender to the property and the borrower, not the other way around.

North Vancouver has one of the highest concentrations of self-employed tradespeople, contractors, and outdoor-recreation entrepreneurs in Metro Vancouver, a direct result of the construction, film, and recreation economy anchored by the North Shore mountains. A bank underwriter sees a T4.

Chad Watts is a mortgage broker who is a self-employed mortgage specialist first: he builds the file around business-for-self income, using the lenders in his 50+ network that are set up to actually approve it. That is why North Vancouver's self-employed homeowners lean on Chad Watts over a single branch: broader access, one point of contact, and a broker who does not need convincing that self-employed income is real income.

How Chad Watts Serves North Vancouver

Chad Watts serves North Vancouver as a mobile, service-area broker, not from a storefront. Applications, document collection, and lender submissions all run digitally or by phone, and Chad Watts is licensed to work anywhere in British Columbia, so North Vancouver clients get the same coverage as clients in Vancouver proper.

Neighborhoods We Serve in North Vancouver

Lower Lonsdale

Condos and new-construction towers near Lonsdale Quay, popular with first-time buyers and downsizers.

Pemberton Heights

Character and view homes are common for renovation financing and home equity.

Lynn Valley

established single-family homes and townhomes, a strong move-up and refinance market.

Deep Cove

Waterfront and forest-adjacent detached homes, often for self-employed and small-business owners.

Mortgage Programs Available in North Vancouver

Self-Employed / Business-for-Self Mortgages. North Vancouver's trades, construction, film, and outdoor-recreation economy means a large share of homeowners file as self-employed or business-for-self. Chad Watts builds these files for lenders who accept business financials and notice-of-assessment income instead of a T4, so North Vancouver's self-employed buyers and refinancers do not get stuck at the first bank that says no. Talk to Chad about your self-employed mortgage

The full program lineup available to North Vancouver clients:

  
        Program
        Best fit
      
        Self-Employed / Business-for-Self
        Trades, contractors, consultants
      
        High-Ratio (CMHC-insured)
        Buyers with under 20% down
      
        Conventional
        20%+ down payment
      
        B-Lending / Lower-Credit
        Past credit challenges
      
        Refinance & Home Equity
        Renovation, debt consolidation
      
        Investment & Rental Property
        Secondary suite or rental income

Program	Best fit
Self-Employed / Business-for-Self	Trades, contractors, consultants
High-Ratio (CMHC-insured)	Buyers with under 20% down
Conventional	20%+ down payment
B-Lending / Lower-Credit	Past credit challenges
Refinance & Home Equity	Renovation, debt consolidation
Investment & Rental Property	Secondary suite or rental income

Why North Vancouver Homebuyers Choose Chad Watts

  
        Feature
        Chad Watts
        Typical single bank
      
        Lenders accessed
        50+ (banks, credit unions, monolines, B-lenders, private)
        1
      
        Self-employed income review
        Built around business-for-self borrowers
        Standard T4 underwriting
      
        Pre-approval turnaround
        Often 1–2 business days once documents are in
        Varies, often longer with a single underwriter queue
      
        Point of contact
        Chad Watts, start to finish
        Rotating branch staff

Feature	Chad Watts	Typical single bank
Lenders accessed	50+ (banks, credit unions, monolines, B-lenders, private)	1
Self-employed income review	Built around business-for-self borrowers	Standard T4 underwriting
Pre-approval turnaround	Often 1–2 business days once documents are in	Varies, often longer with a single underwriter queue
Point of contact	Chad Watts, start to finish	Rotating branch staff

For a North Vancouver buyer, this means one call gets compared against 50+ lender guidelines instead of one bank's rulebook, and a self-employed applicant gets a broker who already expects a business-for-self file instead of one who has to be talked into it.

Book Your Free North Vancouver Mortgage Call

Chad Watts has helped North Vancouver-area families and self-employed borrowers get their mortgage right the first time. Book a free call to walk through your goals and see which of the 50+ lenders in Chad Watts's network fits your file.

Talk to Chad

Apply Now

Free, no obligation, speak directly with Chad Watts.

What North Vancouver Clients Say

Chad Watts holds a 5.0-star rating across 60 Google reviews

Common Questions We Get

I'm self-employed, will that hurt my approval?

Self-employed income is the single most common reason North Vancouver clients call Chad Watts, not a reason to worry. Chad Watts routes business-for-self files to the lenders in his network built for exactly this situation.

Will a broker cost me more than going straight to my bank?

For most residential mortgages the lender pays Chad Watts, not the borrower, so there is no added cost to compare 50+ lenders instead of one.

I was turned down before.

A decline from one bank is a mismatch with that bank's rules, not a final answer. Chad Watts reviews what happened and checks it against 50+ other sets of lender guidelines before ruling anything out.

Mortgage Questions from North Vancouver Homebuyers

How much down payment do I need to buy in North Vancouver?
Chad Watts helps North Vancouver buyers qualify with as little as 5% down on homes under the insured price cap, through CMHC high-ratio programs. Above that threshold, or on higher-value North Vancouver detached homes, a larger conventional down payment applies. Chad Watts reviews your target price point and matches you to the right program.
Can I get a mortgage in North Vancouver if I'm self-employed?
Yes. Chad Watts is a self-employed mortgage specialist and works with lenders that accept business financials and notices of assessment instead of a T4. This is one of the most common file types Chad Watts handles for North Vancouver clients in trades, construction, and consulting.
What is the average home price in North Vancouver right now?
North Vancouver's benchmark home price was $1,314,000 across all property types in May 2026, with detached homes at $2,102,000 and apartments at $783,100, based on MLS® HPI data via REBGV. Chad Watts uses current figures like these to set realistic pre-approval targets for North Vancouver clients.
Is Chad Watts licensed to do mortgages in British Columbia?
Yes. Chad Watts holds BCFSA Sub-Mortgage Broker Licence #142612 and operates under TMG The Mortgage Group Canada Inc., a BCFSA-registered brokerage, so North Vancouver clients are working with a fully licensed broker.

A pre-approval can often be completed within 1 to 2 business days once your documents are submitted. Chad Watts reviews your goals first, then matches your file to the lender most likely to approve it quickly.
Chad Watts has access to 50+ Canadian lenders through TMG, including major banks, credit unions, monoline lenders, B-lenders, and private lenders, so North Vancouver buyers are not limited to one institution's rules.
No. Chad Watts serves North Vancouver as a mobile broker. Applications, documents, and lender submissions are handled by phone, video call, and secure digital upload, so North Vancouver clients never need to travel to a branch.
Can I refinance my North Vancouver home with Chad Watts?
Requirements vary by lender, and Chad Watts's access to B-lenders and private lenders means North Vancouver buyers with lower or rebuilding credit still have real options, not just a flat decline.
Chad Watts serves all of North Vancouver, including Lynn Valley, Lower Lonsdale, Deep Cove, and Pemberton Heights, with the same lender access and personal point of contact regardless of neighborhood.

Get Your North Vancouver Mortgage Plan in One Call

North Vancouver's market moves fast and self-employed files take a broker who already knows how to build them. Chad Watts turns one call into a clear mortgage plan backed by 50+ lenders.

"Chad made a complicated self-employed application feel simple."

(5.0 ★ Google review)

Talk to Chad

Apply Now.

North Vancouver homeowners often compare notes with neighbours across the Lions Gate Bridge. Chad Watts is also trusted in Vancouver and West Vancouver, and provides mortgage help for Burnaby buyers weighing a move across the Inlet. Each area gets the same 50+ lender access and the same single point of contact.

Chad Watts serves homebuyers across North Vancouver including postal areas V7G, V7H, V7J, V7K, V7L, V7M, V7N, V7P, and V7R (District and City of North Vancouver).

Chad Watts - Mortgage Broker at TMG operates under TMG The Mortgage Group Canada Inc., a BCFSA-registered brokerage. BCFSA Sub-Mortgage Broker Licence #142612 (Chad William Watts). All rates and approvals are subject to credit and underwriting, O.A.C. Rates subject to change without notice. [Privacy Policy]. Last Updated: July 2026.