The Potential Benefits of Two More Rate Cuts from the Bank of Canada: What It Could Mean for the Economy
In a move that has sparked both anticipation and debate, market experts are forecasting that the Bank of Canada (BoC) will make two additional quarter-point interest rate cuts in the coming months. With inflation pressures easing and economic growth showing signs of stability, these expected rate cuts could provide a much-needed boost to various sectors […]
Private mortgages custom fit yo your needs!
Private mortgages, also known as private mortgage loans or hard money loans, are a type of real estate financing where individuals or private companies, rather than banks or credit unions, provide loans to borrowers for purchasing or refinancing real estate. Also, a source of equity loans, with good or bad credit. Private mortgages are excellent […]
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 […]
Real Private Lender Inc.
Private Lender Inc, powered by our licensed Brokerage, MortgagePRO Ltd. We are REAL Private Lenders, not a MIC. Our funds are not restricted to government regulations or an Offering Memorandum. We follow common sense guidelines and decisions are controlled directly by our founder Zoltan Padar, a Broker and Investor for over two decades. Additionally, we have Private […]
About Private Lenders Part 3
Choosing The Right Private Lender In Canada The availability of private lenders in your area may vary based on your location, which can make selecting one difficult. It is important to note, however, that choosing the best private lender in Canada is the least of your problems. It is essential to understand your needs and […]
Advantages of refinancing your mortgage are plenty!
Should I Refinance My Mortgage? I think we can safely say that 2020 has been a strange year. A year of lockdowns due to a pandemic, financial support from the government, and the lowest interest rates in recent history. This has led to a rise in the number of homeowners who are considering refinancing their […]
mycreditfixer can turn 29% bad debt into 3% good debt
The ongoing resiliency of the Canadian housing market has most Canadians feeling confident that their home is a sound financial investment which will become a cornerstone of their long term financial well being. Unfortunately the same cannot be said for the amount of debt Canadians have outside their mortgage. A recent Royal Bank survey stated […]
Real Private Lenders are individual investors!
Investors are the real private mortgage lenders! An individual or a little business that funds private mortgages is mentioned to as a private mortgage lender. A private lender generally works with borrowers who have problems getting mortgage borrowings through conventional channels. Interest Rates for Private Mortgages Private mortgage borrowings are suggested at higher interest rates as contrasted to banks, […]
Private Lender to the rescue when you need them most
So, you have THAT file, need help, have gone everywhere, got turned down. Only one direction to go; private. Investors, interested to lend out their own capital and or their RRSP are seasoned individuals, some novice but all of them want to see their return in the double digit, adjusted to the degree of the […]