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Broker FAQ

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Check out our lending guidelines* to see if your clients qualify. Got a great deal that doesn’t quite meet these guidelines? Email us at brokerrelationsmanager@coastcapitalsavings.com.
No, at this time we are not offering any rate holds or pre-approvals.

We no longer require earthquake insurance, however, we will encourage members to have earthquake insurance for their own protection if they can afford it.

We do not require title insurance.

Coast Capital Savings has an established list of approved brokers. If you are a broker interested in offering Coast Capital Savings mortgage products please contact the Broker Centre at brokercentre@coastcapitalsavings.com.

Transmit your mortgage application to Coast Capital Savings via Expert using the appropriate submitting agent for your office.


Once you’ve received an approval, please email all requested supporting documentation to brokercentre@coastcapitalsavings.com or fax it to: 1-866-399-8080. Once all supporting documentation is reviewed and accepted, your client will be contacted by Coast Capital Savings staff to arrange a time to complete membership requirement, discuss payment arrangement and insurance needs.

We can consider up to 4 Rental Properties and 1 Residence per borrower/couple.

Residential mortgage applications with borrowers with more than 4 rental properties either financed by CCS or elsewhere shall be deemed commercial in nature and will be referred to our Business Banking Department for underwriting and subject to higher rates and fees.

We can consider for a conventional file on an exception depending on the strength of the overall application and LTV.


No, all mortgage loans must be in first position unless Coast Capital Savings is the prior charge.

We can consider as long as the client has been discharged for 2 years and has re-established credit.

Re-established Credit = 3 trade lines or >$5,000 total limit on 1 or more trade lines.

We don’t do straight switches and transfers as a new mortgage must be registered according to our terms and conditions so there will be legal/FCT fees that your client will need to pay.

  • An appraisal is required for all LTVs
  • The mortgage must be insured and disclosed as a remediated grow-op to the insurer
  • Obtain a certificate confirming the subject property is substantially free of any pesticides, fertilizers and any toxic chemicals, mould or fungi from a professional cleaner certified by one of the following:
    • Canadian Registration Board of Occupational Hygienists
    • American Board of Industrial Hygiene
  • Obtain a comfort letter or re-occupancy permit from the municipality 
  • A 1% rate premium applies

We can refer these applications to our small business team.

Yes we can consider but there will be a rate premium.

  • Max LTV 75% of the first 1M and 65% on the balance
  • Must have all essential services are in place (hydro, water, and sewer or septic).

Yes as long as the Bylaws allow for residential use. Our small business team can also consider these types of properties.

Square Footage minimums:

  • House: 800 square feet
  • Condo: 400 square feet

Anything less than this can be considered as an exception.

The minimum mortgage amount is $50K new funds

Yes, as long as they have their Permanent Residence status and a SIN that does not start with “9”.

* Guidelines are subject to change without notice
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For more information, email our Broker Centre.
Toll-free fax: 1.866.399.8080
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