Private Mortgage Lenders in Canada Part 4
Private Mortgage Lenders in BC If you live in British Columbia, you know that housing prices are higher than they have ever been. Combined with the CMHC insurance increasing the minimum credit score to 680 and the Bank of Canada increasing prime rates, getting a mortgage can be extremely difficult right now. That being said, people still […]
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 […]
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 […]
Private lenders for bad credit mortgages.
A lot of people believe there is no hope for them to be able to own a home if they have bad credit. But that’s not true at all. While purchasing a home with a low credit score does make things a bit more difficult, it is still possible to buy a home, even with […]
About Private Lenders Part 1
Individuals seeking loans in Canada use private lenders to avoid traditional lenders’ lengthy and strict approval processes. You have come to the right place if you’re looking for Canada’s most reputable private mortgage lender. Even though private lenders in Canada are the perfect alternative to traditional lenders, you should know several things to avoid making […]
Bank mortgages vs Private Lenders mortgages!
Mortgage lenders come in many varieties in the world of loans. Many borrowers are unaware of these variations. They can be divided into three categories: 1. From “A Lenders” 2. Alternative lenders, or “B Lenders” 3. Loans from private lenders Mortgage “A” lenders include the traditional banks and financial institutions that most people bank with. […]
Alternative private mortgage financing!
Alternative private mortgage financing! When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, it is important to remember that there is always an alternative! If you’re seeking a mortgage, but your credit score is damaged in some way and big institutions won’t lend you […]
Second mortgages to pay out bankruptcy or consumer proposal!
Fixing Your credit should be a priority! For some of us, pandemic related loss of income, or health matter was the tipping point to bankruptcy. While a bankruptcy or consumer proposal may have released you from some debt obligations, if that income is not readily replaced, or health has not yet improved, you find yourself […]
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 […]