Private Mortgage Lenders in Canada Part 1
Mortgage knowledge is priceless! Are you looking for a mortgage but have issues qualifying with a traditional lender? Are you just looking for an alternative lender to the banks? That is what private mortgage lenders, also known as non-bank lenders, are for. They provide an alternative to the banks to help you get into a […]
Equity loans to renovate, sell for more!
Nice, clean, trendy renovated homes sell for top dollar! The longer days and warmer temperatures of spring herald an awakening not only in nature but typically also in the country’s housing market. With housing inventory being tighter than normal, a newly listed property is sure to generate some interest. But there are some simple tips […]
Selling your home? Renovate to get top dollar!
Nice, clean, trendy renovated homes sell for top dollar! The longer days and warmer temperatures of spring herald an awakening not only in nature but typically also in the country’s housing market. With housing inventory being tighter than normal, a newly listed property is sure to generate some interest. But there are some simple tips […]
Go Private mortgage lender!
Reason for Private Lower than 600 credit score, you will most likely have to use a private lender’s services. Reason is because they will help you when your credit is bruised. However, since this financing option has a higher risk to the lender, interest rates are always higher. Your Choice Most borrowers consider private lenders […]
Business loans for home owners!
Even though many small businesses in Canada are still struggling after surviving the COVID-19 pandemic and facing rising inflation and the looming possibility of a global recession, many small businesses in Canada continue to carry on. Even in unstable economic conditions for small and mid-sized businesses in Canada, most small and medium-sized companies still believe […]
2023 year to get your finances in order.
Having dealt with a whirlwind economy in the past year, most Canadians are already thinking about how they can make their finances work for them as we head into 2023. The following are a few suggestions for making your finances work for you in the coming year: The new year is an excellent opportunity to […]
About private mortgages, lenders.
Thinks to know first! There are a few things that you need to know before you start looking for a private lender to get a second mortgage from. The first is that your credit score and income are going to be two of the biggest factors that lenders look at when deciding whether or not […]
Straight talk about private mortgage lenders!
When considering taking out a loan from a private mortgage lender, it’s essential to do your research and ask the right questions. Few things you should keep in mind when you’re researching potential lenders. First, ensure the lender is licensed to operate in your jurisdiction. You can check this by contacting your financial regulator Questions […]
Worry free Private Mortgages!
Anyone who has ever tried to get a mortgage knows that good credit is essential. Lenders use credit scores to determine whether or not a borrower is likely to repay their loan, and those with lower scores are often seen as higher risk. As a result, they may be offered higher interest rates or may […]
Private Lending in style
Is simply finding a private lending solution the answer? More and more Canadians have sought mortgages from alternative lenders for various reasons. According to Statistics Canada, the value of non-bank mortgages increased more than 10 fold between 2007 and 2018 — growing to $86.7 billion in 2018 from $8.5 billion in 2007. Private lenders, including mortgage […]