Promotions and Products
Due to market changes that many of you are aware of, we will be instating temporary guideline changes in our lending policy.
- MAXIMUM LTV: 80%
- $250K cap (per property, second mortgage only)
- NO replacements over 65% LTV
- NO rental properties (Manitoba only)
While Ginkgo is still well funded, these temporary guidelines will ensure that sustainability and adequate funding is available to you throughout the various market changes occuring at this time. Thank you for your understanding, and we look forward to reinstating our regular lending guidelines as soon as possible.
Ginkgo Mic Product Advantages - Why Choose Us?
If you are a mortgage agent looking to help your clients
achieve their real estate dreams through alternative sources
of financing, you have come to the right place!
Ginkgo MIC works with a variety of mortgage brokers to offer residential and commercial mortgages to clients who do not qualify for loans with traditional lending institutions. We specialize in second mortgages, but we do first mortgages too, giving agents the ease of a one-stop shop! With our dedication to accuracy and efficiency, as well as great incentives, your time will not be wasted!
While other lenders may often take days to approve of your application, you can expect a guaranteed 24 hour turnaround from us!
We can help bring your client’s dreams within
reach! While traditional lending institutions only
give 65% maximum for first mortgages, we can increase
that up to a total of 80%!
With competitive rates, incredibly fast turnaround
times, and staff who are friendly and knowledgeable,
we are your first choice for second mortgages! Plus,
with great incentives for brokers, how can you say
24 Hour Turnaround Time
The reason is simple: It can take a mortgage anywhere from 7 days to 30 days to be approved. In that time, rates can change, fees can increase, and you can even lose the property. That is why it is in your best interest to get your mortgage approved quickly.
Up to 80% LTV
We do not just focus solely on credit ratings in determining
loans, but take the client and specific property into consideration
See Loan-to-value Summaries
Your 1st Choice in 2nd Mortgages
We are stronger together: The A team
At Ginkgo MIC, we believe in providing more than just profitable financial products and services. We build relationships, and we grow together. With first-class quality customer service and expert knowledge, our team of qualified professionals is ready and dedicated to ensuring your complete satisfaction and financial growth.
Steve FarrugiaVice President of Business Development
Never afraid to try new tactics to further
success, Steve is always on the forefront
in developing business strategies that will
grow Ginkgo MIC and its clients together.
He is always making sure clients and brokers
working with Ginkgo MIC are well taken care
of, as he believes good relationships are
what makes everyone happy and the world
William CheungDirecor of Underwriter
With methodical precision, William meticulously
reviews and processes all mortgage applications
that are submitted to Ginkgo MIC. William’s
methods have improved risk mitigation and
in turn increased earnings to valuable Ginkgo
MIC investors, thereby contributing significantly
to the solid performance and strong foundation
of Ginkgo MIC.
Alexandra ZhangSenior Underwriter
Having studied economics, mathermatics and
statistics, Alexandra gives us the edge
when underwriting deals! She carefully reviews
and analyzes each deal submitted to us,
calculating many factors to determine the
appropriate rate for our clients. Her meticulous
analysis makes sure each deal is sustainable
not only for Ginkgo, but for the clients
Loan to Value Summaries
Power Agents: Get Exclusive Incentives
Grow With Ginkgo MIC and Reap The Rewards!
A Power Agent is exactly what it appears to be: an agent who is powerful and amazing in what they do, namely YOU!
We at Ginkgo MIC want to acknowledge the hard
work and success from every agent, and understand
that they also desire to relax and have fun.
With that in mind, we have created a great incentive program to make sure you can work hard and also play hard too!
There is no special registration process or additional sign up fee to become a Power Agent.
All you have to do to be eligible to start earning
Have 3 or more deals submitted and funded at Ginkgo, with a minimum total value of 250,000 POINTS in the second mortgage portions.
Once you have reached those numbers, you will automatically earn your first reward and be granted access to a range of preferred services and privileges.
Eligible if deals are:
- 1st Mortgages
- 2nd Mortgages
- Bridge Loans
These privileges, along with the great rewards, are only for our Power Agents:
- Designated underwriter
- Lower rates and fees – including lender
fees, legal fees, etc.
Reduced expenses means more!
- 24 hour turnaround
- Quick Closings
Receive complimentary automated SMS reminders for you AND your clients to help them stay on track!
An SMS reminder will be sent to you and your clients at these times:
- When there are 90 days left before your
client's mortgage matures.
- We do not take your clients. Our policy is to send clients back to their originating broker.
- Before each monthly payment day, to help clients improve their credit score.
" I needed a lender that would consider a higher loan to value than most private lenders is comfortable with. The whole process from application to funding exceeded my expectations. Upon reaching my funding target, I was very pleased to receive my new IPAD air.
Thanks Ginkgo – many more deals to come in 2015!"
Dominion Lending CentresLyle Johnson
"What an amazing week!
Thank you Ginkgo for this great opportunity. To have fun, relax and meet new and awesome friends from the Ginkgo family. I am very grateful to our wonderful BDM, Steve. You are the best, Steve! Count me in for next year’s trip.
Mortgage AllianceLowie Azad, Top Mortgage
“Thank you for a great vacation! We’re glad to be a part of the Ginkgo Team. Special thanks to Ronald and the whole team. You’re great!
Looking forward to doing more business with Ginkgo.
Mortgage AllianceAli Azad, Top Mortgage
"Thanks for your professionalism and patience all the way, Alex. Ginkgomic is a very responsible and fast-response lender. Surely will send more deals to your wonderful team in the future. Looking forward to working with you on more cases.
Thanks a lot!"
VericoSophie Chen, Fortune Effect
"My office has been dealing with Ginkgo MIC for just over a year. I had a very difficult deal to get approved but Ginkgo approved with ease. Over the last year I have placed several private deals that have come up for renewal with them. The underwriting is common sense, the rates and fees are reasonable and the service is awesome. William Cheung is very knowledgable and picks up his phone. The service is second to none. Steve is very supportive and is always available for discussion. Ginkgo is a great company and I look forward to several years to come"
Dominion Lending CentresPaula Roberts, Roberts Group
" Thank you for coming in yesterday to present, I thought it was excellent; some great knowledge and expertise and I look forward to doing some deals with you in the future. I have to say you were quite possibly the first lender to speak about the exit strategy for the client NOT the lender and that really resonated with me, because ultimately we want to build our clients up and improve them! Look forward to talking with you more soon."
Matrix MortgagesMahit Letang
We are a part of many events throughout the whole year. Check out our upcoming events and meet us there!
Ginkgo Lunch & Learn (Vaughan)
Get difficult deals done quickly with the right lender!
Venue: Dave & Busters
Elite Power Agent Trip - COSTA RICA
Our appreciation for top agents
Venue: Dreams Las Mareas, Costa Rica
Mortgage Professionals Canada Golf Tournament - Ottawa
Come tee off at our hole, and see if you win our prize!
Venue: Equinelle Golf Club
101 Duncan Mill Road, Suite 400
Toronto ON M3B 1Z3
Phone: (1) 416-901-5133
Fax: (1) 416-640-1811
4000 No.3 Road, Suite 6035
Richmond BC V6X 0J8
Phone: (1) 604-248-1900
Fax: (1) 604-248-2111