What does a mortgage broker in Kelowna do?

A Kelowna mortgage broker like Ash Simpson shops your mortgage application across 50+ banks and lenders to find the best rate and terms for your situation. Unlike going directly to one bank, a broker gives you access to the full market — at no cost to you, since brokers are paid by the lender.

Can self-employed people get a mortgage in BC?

Yes. Self-employed Canadians in BC can qualify for mortgages through stated income programs, bank statement mortgages, and Alt-A lenders. Traditional banks often decline self-employed applicants because their taxable income appears low on paper. Ash Simpson at Insight Mortgage specializes in self-employed mortgage solutions that work around this.

Can I get a mortgage in BC with bad credit?

Yes. Ash Simpson works with alternative and private lenders in BC who offer mortgages to borrowers with damaged or limited credit. These solutions can also help you rebuild credit over time and transition back to a traditional lender at renewal.

What areas does Insight Mortgage serve?

Insight Mortgage is based in Kelowna, BC, and serves clients throughout British Columbia and Alberta. Ash Simpson is a licensed mortgage broker in both provinces and works with clients remotely across the country.

How much does it cost to use a mortgage broker in BC?

In most cases, using a mortgage broker in BC is completely free to the borrower. Ash Simpson is paid a commission by the lender when your mortgage closes. For certain alternative or private lending situations, a broker fee may apply — this would always be disclosed upfront.

What is the difference between a mortgage broker and a bank?

A bank can only offer its own mortgage products at its own rates. A mortgage broker like Ash Simpson has access to dozens of lenders — banks, credit unions, trust companies, and alternative lenders — and can shop your application across all of them to find the best fit.

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Ash Simpson
June 10, 2026

HELOC BC: How a Home Equity Line of Credit Actually Works

Here’s the quick version of how a HELOC works in BC: you can borrow up to 65% of your home’s appraised value as a standalone product, or up to 80% LTV when it’s combined with your mortgage. Rates in BC currently run about prime + 0.5% to prime + 1.0%, which works out to roughly 5.45–5.95% as of June 2026. Here in Kelowna, most of the HELOCs I set up fund renovations on older Glenmore family homes or help a kid with the down payment on their first place. If you’re weighing your options, I’ve written a full comparison at HELOC vs refinance BC.

Not sure whether a HELOC is the right fit for what you’re planning? Give me a call at 250-859-2100 and we’ll run your numbers together.

How can we help you?

Have a mortgage question? Get a straight answer from Ash within one business day — or call 250-859-2100.

HELOC BC: How a Home Equity Line of Credit Actually Works

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