Not choosing the right Mortgage Broker can cost you a lot.
Choosing a mortgage lender is one of the most significant financial decisions you’ll make, and it’s about much more than simply finding the lowest interest rate. While a competitive rate is important, your personal circumstances play a critical role in determining the lender and mortgage product that will best support your long-term financial well-being. Here’s […]
Struggling to get a mortgage? No more!
In mortgage, private mortgages by Zoltan PadarApril 24, 2024 MIP Mortgage and Investment Professionals Inc. Are you in the market for a mortgage but finding it difficult to qualify with conventional lenders? If so, you might want to consider a bundle mortgage, particularly one offered by MIP Bundle mortgages, also known as piggyback mortgages, combine a first and second […]
Understanding Bundle Mortgages: Pros, Cons, and How They Work with MortgagePRO Ltd.
Are you in the market for a mortgage but finding it difficult to qualify with conventional lenders? If so, you might want to consider a bundle mortgage, particularly one offered by MortgagePRO Ltd. Bundle mortgages, also known as piggyback mortgages, combine a first and second mortgage on the same property, providing financing solutions for those […]
Bank said no, Go Private!
Private lenders are individuals or non-institutional groups that offer loans or financial assistance to individuals, businesses, or organizations. They operate outside the traditional banking system, providing an alternative to borrowing from banks or credit unions. Here are some key aspects about private lenders: When considering borrowing from private lenders, it’s essential to thoroughly understand the […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]