Mortgages.Done.Right.
I've been arranging mortgages for more than 25 years, with access to top-tier lenders across Canada.
250-460-2986
- Over 25 years in mortgages and banking
- Top-tier institutional lenders
- Kelowna based, serving all of Canada
Welcome to Fetterly Financial!
I'm Alan. I've been arranging mortgages for more than 25 years, working with everyone from first-time buyers to investors and business owners.
Mortgages are complicated. My job is to make them clear and help you make a good decision.
Whether you're buying a home, refinancing, investing in property or looking for business financing, you can expect the same thing from me: straightforward advice, no unnecessary jargon, and no sales pitch.
Purchase Mortgage
Get organized early, know what you can afford, and be ready when you find the right home.
Mortgage Renewal
Before you sign your lender's renewal offer, let me check the rate, terms and other options.
Mortgage Refinance
Use the equity in your property to consolidate debt, renovate, invest or restructure your mortgage properly.
Purchase Mortgage
Buying a home is exciting, but there are a lot of moving parts. Getting the financing and paperwork sorted out early makes the whole process a lot easier.
- You want to know what you can afford before you start looking
- You need a pre-approval before you start making offers
- You want your finances and paperwork organized early
I like to get involved before you start making offers. A proper pre-approval gives you a realistic idea of what you can afford, what the payments will look like, and whether there are any issues we should deal with ahead of time.
I've spent more than 25 years in mortgage brokerage and banking, and I've worked with buyers at just about every stage and budget. I'll help you from the initial planning and qualification right through to closing. I'm still here afterward if you need me.
Email, phone or video, whatever works. I'll also coordinate with the other people involved when needed and shop the available lenders and products to find the mortgage that makes the most sense for you.
Mortgage Renewal
When your mortgage comes up for renewal, your existing lender will usually make it very easy to sign their offer and carry on. Easy doesn't necessarily mean it's a good deal.
- Your maturity date is within the next five months
- Your lender has sent a renewal offer and you'd like it checked before you sign
- You want a rate held for up to 120 days while you decide
A lot of people simply accept the renewal their lender sends them. Sometimes that's perfectly fine. Other times it means paying a higher rate than necessary or getting locked into a mortgage with terms and penalties you didn't really look at.
Before you sign anything, I'll review the offer, look at your current situation and find out what you expect to be doing over the next few years. Then we can compare it against what's available elsewhere. Sometimes the best answer is staying exactly where you are. I may even be able to help you negotiate a better deal with your existing bank.
The best time to start is about five months before your mortgage matures. That gives us time to look at the options and, when it makes sense, secure a rate for up to 120 days rather than scrambling at the last minute.
If your renewal is coming up, send me the offer before you sign it. I'll tell you whether it's competitive and what your other options are.
Mortgage Refinance
If you have equity in your home, there are situations where borrowing against it makes good financial sense. The important part is structuring it properly.
- You want to consolidate higher-cost debt into one lower payment
- You're funding renovations, a business, or an investment purchase
- You have equity to work with and want the most cost-effective way to use it
You might be consolidating expensive debt, renovating, investing, buying another property or putting money into a business. Depending on your existing mortgage, refinancing the whole thing isn't always the best answer. If you already have a good first mortgage or the penalty to break it is high, a second mortgage may make more sense.
Every refinance is a little different. I'll look at what you owe now, what the money is for, the costs of changing the mortgage and the alternatives before recommending anything.
Mortgage debt is generally much cheaper than credit cards and other unsecured borrowing. Used properly, your home equity can be a useful financial tool. Used badly, it can just move debt around. My job is to make sure the numbers actually improve your situation.
What my clients say
Don't take my word for it. Here's what some of my clients have said.
I had the pleasure of working with Alan Fetterly to help me secure my first investment property. As an investor himself, he offered invaluable advice for me to get my own portfolio started. He worked diligently to provide me with the best deal possible and always made himself available to answer my questions. For these reasons, I trusted Alan to help me with my second investment property and I am so glad I did. Despite the incredibly tight timelines I had left him with, coupled with a market that was already inundated with mortgage applications, Alan was able to provide a custom solution to secure the deal. I would recommend Alan without hesitation to anyone looking for financing for their next real estate venture and look forward to working with him again soon.Read more
Alan's thoughtful and creative approach was a game-changer for me as a newly self-employed business owner, unable to secure a mortgage through traditional avenues. Later, once my business became more established, his expertise also led to a refinancing opportunity with significantly improved rates. Highly recommend him and his team to anyone looking to buy or refinance!Read more
Being a first-time homebuyer, I was nervous about the process, but Alan and his team made it far less overwhelming. Their organization and frequent communication were very reassuring. They guided me through every step from beginning to completion.Read more
Contact Fetterly Financial
Have a question or want to talk through your options? Call me, book a time, or send me a message.
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