Mortgage Calculator

Designed to help you gain personalized insight into what home loan works best for you.

Mortgage Application

Apply with confidence using our secure online application form. It’s fast, simple, and secure!

Glossary of Terms

The financial world has it’s own language that can seem daunting. We’re here to help!

1st, 2nd, 3rd Mortgages

Mid Island Mortgage provides first mortgages, second mortgages, and third mortgages. We’ll do any purchase deals whether it’s your first or 100th home purchase.


We work with you before, during, and after the mortgage process to make sure you are satisfied with our services. We work with you to get the best rates and we hold those rates for up to 120 days while you find your dream home.

No Fee Mortgages

We get our fees from qualified lenders, not from you – that means we do all the shopping to find you the best rate possible. We do everything in our power to deliver the exceptional service we’ve always been known for—and find new ways to make it better all the time.

Refinancing Your Home

Do you have a big purchase coming up? Or would you like to pay off some of your debts? Ask us about refinancing your home – use the equity you have in your home to help you and your family get ahead in life!

Rental Properties & Gulf Island Financing

The rules have changed – learn how to buy investment property with 20% money down. We work with you to make sure you are informed and comfortable with the process. We also deal with properties on Gulf Islands that banks won’t finance!

Stress Free

We help first time home buyers understand the mortgage process to help reduce stress. We’re thorough, upfront, and review each step so you won’t be overwhelmed. We are mindful of your needs. We strongly believe that everybody should be treated with equal consideration, care, and courtesy.

Let us introduce ourselves…

A few words about us

Mid Island Mortgage & Savings has been operating in Nanaimo since 1985, and has worked diligently to make sure that everyone walking through our doors receives the best mortgage available.  By staying up-to-date with everything going on in the mortgage industry, we can focus on our only goal – providing the best mortgage options to you.

The beginning of a legacy…

How it all came to be

John Decker started Mid-Island Mortgage & Savings Ltd. in the early 1980’s with high hopes and big dreams. John had spent numerous years in the financial world before opening up his own company. John helped make Mid-Island Mortgage a recognizable name, and an approachable company servicing his clients needs and wants.


What our clients say about us

Dave and I have found your customer service to be friendly and very efficient and we would highly recommend you…

You are so great to work with, thank you! I really appreciate all the info.

Thank you so very much for all your hard work. You most definitely have our recommendation to friends and family.

Thanks Mid Island Mortgage! We’re really excited. Thanks for all your work on this.

We’d love to sit down with you

Visit us at our office

Financing your home is an incredibly important process. Our dedicated loan experts will earn your trust from start to finish. Come visit us to see how we can help you. Call our office today at 250 753 2242!

Stay up to date

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