Private Lender
Sand Dollar Mortgages
Nanaimo & Mid-Island Private Mortgage Lender
Nanaimo, BC48–72 hours
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Rate Summary (Q1 2026)
1st Mortgage
9.49–14.99%
2nd Mortgage
11.49–14.99%
Max LTV (1st)
75%
Lender Fee
2–3%
* Rates are indicative and subject to change. Actual rate depends on LTV, property type, credit profile, and term. Apply for a personalized quote.
About Sand Dollar Mortgages
Sand Dollar Mortgages is one of the few private lenders based on Vancouver Island outside Victoria, serving Nanaimo and mid-Island borrowers with private mortgage solutions.
Key Features
- Nanaimo and mid-Island specialist
- One of the few private lenders outside Victoria on the Island
- Private mortgages and second mortgages
Pros
- Nanaimo and mid-Island specialist
- Serves underserved Island communities
Cons
- No public website — broker access required
- Limited to Vancouver Island
Quick Facts
Min Loan$25K
Max Loan$1.5M
Max LTV (1st)75%
Max LTV (2nd)65%
Approval Speed48–72 hours
Bad Credit OKYes
Self-Employed OKYes
Loan Types Offered
1st Mortgage2nd Mortgage
Regions Served
- Victoria & Vancouver Island
Ready to Apply?
Apply through BCPrivateLoans.ca to get matched with Sand Dollar Mortgages and compare competing offers — all in one free application.
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