Now you can be easily approved for a Homeowners Loan, for up to 40,000 without mortgaging your house.
Advantages:
Store & Apartment financing. So you have a retail store that is doing fine, has been keeping you busy for the past couple of years, sales are going up and your break-even ratio is getting lower, but you are still paying rent. You could choose what seems to be the most comfortable, secure and logical…
The new rules affecting high ratio mortgages are effective from October 17th, 2016. The following are new mortgage rules for high ratio mortgages, (under 20% down payment = high ratio mortgage). From October 17th, 2016 onwards all borrowers (including those seeking a mortgage with a 5 year or longer fixed rate, insured mortgage with a variable rate, fixed…
Become a mortgage lender A mortgage lender is who lends money securitized, and registering the loan against a real estate property with the intention of benefiting from the interest paid by the borrower. Banks, financial institutions and private lenders profit from this service and help borrowers with their financial needs and have the security on the…
Home purchase Assist program from First Swiss Mortgage Corporation First Swiss Mortgage will lend a second up to 95% LTV, that client can use to reduce the first mortgage amount below CMHC margin. Which means – no CMHC premiums, and less down-payment form client’s own sources Not everyone can afford 20% down-payment, especially at the…
B2B Bank’s Equity 50 program is great for individuals that have a hard time proving income in the traditional sources. Clients can access up to 50% of their home value on a first mortgage or refinance the current mortgage. This program has proven to be especially popular with those in pension, and other people whose…
Household credit trends in Canada show borrowers shifting toward secure mortgage financing over high‑interest consumer credit, supported by stronger regulations and smarter mortgage strategies.
