video1.0<iframe src="https://www.loom.com/embed/26b35fe67e8b44bdb6b9dbea691361e1" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/26b35fe67e8b44bdb6b9dbea691361e1-3da7f1bf7d1d5cc7.gif3262.96In this video, GlassLake (Jake) explained that GlassLake Funding is an institutionally backed non-B20 lender (backed by Bayview Asset Management) focused on solving common alt/private-market issues like liquidity, tough qualifying, and property/location restrictions. Their key differentiators are qualifying at contract rate with no stress test, flexible income review (e.g., 6 months bank statements), higher TDS tolerance, longer amortizations (35–40 years, interest-only options), strong reach into secondary/tertiary markets, and a growing focus on small commercial/mixed-use and investor-friendly programs (including qualifying off subject property income). He shared examples like a $2.7M mixed-use deal in Duncan using a TDS approach and an Airbnb/investor file in Canmore qualified with low documentation. Solidifi (Irina) demoed their appraisal ordering platform: how brokers create orders, select lender/product type, choose appraisers (or use blind assignment depending on lender), add rush/market rent, upload docs, and pay (including borrower-pay links). She emphasized transparent pricing (appraiser fee plus Solidifi fee), how Scotia has a special “cascade” that can result in AVM/desktop/full based on deal answers, and practical workflow tips like entering the underwriter’s email to receive the risk report. She also covered handling appraiser fee/due-date change requests, messaging within the platform, and sending completed reports back for revisions or value appeals with supporting comps.