VanPlex Plexperts · BC Multiplex Money
Vancity Credit Union
Featured on VanPlex Plexperts — the curated directory of BC multiplex money.
Multiplex Construction Mortgage, Vancity Credit Union
The first credit union to ship a dedicated multiplex construction mortgage in BC.
Launched Fall 2025, expanded April 2026. Up to 80% loan-to-cost. 18 months interest-only during construction. Flexible amortizations for co-owners. Rental offset to help qualify.
80%
LTC
18mo
Interest-only
Meet Vancity Credit Union
Vancity Credit Union launched its Multiplex Construction Mortgage in Fall 2025 and expanded it in April 2026 — the first BC lender to ship a financing product specifically for citizen developers building multiplex on their own lots.
Example: on a $4M project, the borrower brings $800K equity; Vancity finances $3.2M of construction. Construction loan typically refinances into a CMHC MLI Select-insured term loan after lease-up if purpose-built rental.
Credentials
Other money
Dustan Woodhouse
1,695 funded mortgages 2008-2018 ($100M+ in 2014 alone). CMBA-BC Member Spotlight feature.
Manning Elliott LLP
BC CPA firm with a dedicated Real Estate Special Practice Group. Vancouver office on West Georgia.
BFL CANADA
National insurance brokerage with a dedicated construction practice — builder's risk, contractor insurance, wrap-up liability.
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