Rebecca Harrap
I was born and raised in Cloverdale, BC. I studied finance at Simon Fraser University and graduated in 2001 with a degree in commerce/business administration. While studying, I worked at CIBC in various capacities, including small business and underwriting and when I graduated, I started working for MCAP mortgage corporation. I
worked there for several years, and subsequently with another successful broker as an underwriter.
Over my career I have raised 2 boys, who are now 18 and 16.
2009 was a big year, as it was when I first met and began working with Wendy Whiting, an industry veteran and an exceptional business women. We worked together for over 10 years. Her knowledge, integrity and generosity helped shape not just my career but the careers of many other young brokers.
The loss of Wendy, my business partner, mentor and friend in 2023 was very difficult but I feel incredibly lucky to have learned so much from her. Her legacy will live on in the lessons and knowledge she shared, and the standard of excellence she set.
STEP ONE
Start the conversation.
The best place to start is to connect with us directly. The mortgage process is personal, and it can be daunting. Our commitment to you is that we'll listen to all your needs, assess your financial situation, and provide you with a plan to move forward.
STEP TWO
Choose the best option.
Once we’ve had a look at your financial situation, we’ll consider a variety of mortgage options. We'll outline what documents are necessary to qualify you for a mortgage, negotiate with the lenders on your behalf, and arrange the mortgage that best suits your needs.
STEP THREE
Sit back and relax.
Once we’ve arranged the mortgage product that best suits your needs, you’re not alone. We're your mortgage professional for life. If you’ve got questions in the years to come, we're always available to make sure that your mortgage is working for you, and not the other way around!
Lenders
We've developed excellent relationships with many lenders across the country.
Let's figure out which one has the best product for you.
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Mortgage Articles
The Bank of Canada announced today that it is holding its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. For anyone watching the mortgage market — whether you're renewing, purchasing, or simply keeping an eye on borrowing costs — here's a breakdown of what was announced and what it may mean for you.
For many Canadians, the dream of homeownership has felt like a moving target. After years of market volatility, shifting interest rates, and economic uncertainty, you might be wondering: is 2026 finally the year to make a move?
Thinking About Buying a Second Property? Here’s What to Know Buying a second property is an exciting milestone—but it’s also a big financial decision that deserves thoughtful planning. Whether you're dreaming of a vacation retreat, building a rental portfolio, or looking to support a family member with a place to live, there are plenty of reasons to consider a second home. But before you jump in, it's important to understand the strategy and steps involved. Start with “Why” The best place to begin? Clarify your motivation. Ask yourself: Why do I want to buy a second property? What role will it play in my life or finances? How does this fit into my long-term goals? Whether your focus is lifestyle, income, or legacy planning, knowing your “why” will help you make smarter decisions from the start. Talk to a Mortgage Expert Early Once you’ve nailed down your goals, the next step is to sit down with an independent mortgage professional. Why? Because buying a second property isn't quite the same as buying your first. Even if you’ve qualified before, financing a second home has unique considerations—especially when it comes to down payments, debt ratios, and how lenders assess risk. How Much Do You Need for a Down Payment? Here’s where the purpose of the property really matters: Owner-occupied or family use: You may qualify with as little as 5–10% down, depending on the property and lender. Income property: Expect to put down 20–35%, especially for short-term rentals or if it won’t be occupied by you or a family member. Your down payment amount can be one of the biggest hurdles—but with strategic planning, it’s often manageable. Ways to Fund the Down Payment If you don’t have the full amount in cash, you might be able to tap into your current home’s equity to help fund the purchase. Here are a few ways to do that: ✅ Refinance your existing mortgage to access additional funds ✅ Secure a second mortgage behind your current one ✅ Open a HELOC (Home Equity Line of Credit) ✅ Use a reverse mortgage (in certain age-qualified scenarios) ✅ Take out a new mortgage if your current home is mortgage-free These options depend on your income, credit, home value, and overall financial picture—another reason why having a pro in your corner matters. Second Property Strategy: It’s More Than Just Numbers This purchase should be part of a bigger financial plan—one that balances risk and reward. It’s about: Assessing your full financial health Maximizing your existing assets Minimizing your cost of borrowing Aligning your purchase with your long-term goals Ready to Take the Next Step? There’s no one-size-fits-all answer when it comes to buying a second property. That’s why it helps to talk things through with someone who understands both the big picture and the small details. If you’re ready to explore your options and build a plan to make that second property dream a reality, let’s connect. I’d love to help you take the next step with confidence.
Wendy and Rebecca provide unparalleled expertise and service to their clients, whether for large commercial lending, any size of residential mortgage, or private lending - fairly assisting both the mortgagor and mortgagee. Very quick response times and factual and reassuring communication takes the worry out of home buying and investing for their clients. As Wendy always says, "I never worry about fees; my concern is what's best for my clients." For well over a decade, they have provided the best possible solutions for all of my transactions and I recommend them in the strongest possible terms.
