Morning Lee Morning Lee BC Mortgage Broker & Realtor
✆(604) 727-1629

Service area

Burnaby Mortgage Broker

Licensed province-wide across BC, so Burnaby is covered the same way. In person, video, or phone, whichever works.

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Last updated 2026-10-02

Working with me in Burnaby

In Burnaby it can go any way you prefer — in person, video, or phone.

Documents can still go digital if that is easier, or we meet wherever suits you.

Burnaby, specifically

Burnaby's 2021 Census population was 249,125, up 7.0% from 232,755 in 2016. The City names Metrotown as its regional city centre and downtown, with Brentwood, Lougheed and Edmonds as its municipal town centres, and expects most future growth to occur in these four town centres, all served by SkyTrain stations on the Expo and Millennium lines. The Burnaby 2050 Official Community Plan, which will guide the city's growth over the next 25 years, was adopted in December 2025.

My mortgage and real estate licences both cover all of BC, so for a home in Burnaby you can come to me for the mortgage and for buying or selling.

Buying or borrowing in Burnaby: what's different

Most of Burnaby's new homes are going up in its four town centres — Metrotown, Brentwood, Edmonds and Lougheed — as high-rise condos, many of them sold as presales. With a presale you usually pay deposits years before the building is finished, but the mortgage itself is approved close to completion, on your income, the rates and the property value at that time. If your income or the market changes in between, the numbers can change too, so it's worth checking early, and again before completion, that the mortgage will still work.

If you're buying a condo to rent out, two provincial rules matter. Since November 2022, a strata can no longer ban long-term rentals (it can still restrict short-term rentals and keep 55-plus age rules). And since May 2024, short-term rentals in Burnaby are limited to the host's own home plus one suite. When a lender counts rental income, it normally works from a long-term lease or market rent — not an Airbnb projection.

Burnaby is part of Metro Vancouver, so the provincial speculation and vacancy tax applies to homes here, and so does the 20% additional property transfer tax for foreign buyers. Whether either one affects you depends on your residency and how the home is used — worth confirming before you make an offer, not after.

My office is in Burnaby, at 3787 Canada Way, so meeting in person is easy if you prefer it.

Common questions

Can I get a mortgage approved now for a presale that completes in a few years?

You can get a sense of whether it will work, but the actual mortgage is approved closer to completion, based on your situation and the rates at that time. If the way you earn is about to change — moving to self-employment, a new job — tell me early, because income changes are one of the things that can make a presale harder to finance at the end.

Can my strata stop me from renting out my Burnaby condo?

Not for long-term rentals: since November 2022, strata corporations in BC can't have bylaws restricting rentals. They can still restrict short-term rentals, and 55-plus buildings can keep their age rules.

Can we meet in person in Burnaby?

Yes. My mortgage office is at 3787 Canada Way #214, Burnaby, and my real estate office is at 3107 Kingsway, Vancouver; we can also meet wherever suits you, or work by video and phone.

Ten minutes tells you where you land

No credit check in the first step, and nothing to prepare first.

✆(604) 727-1629

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Sources

The figures, taxes, fees, dates and bylaw status on this page come from the sources below; the date after each one is when it was opened and checked. Rules and fees change, so go by the latest version from each source.

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