Not all of Us have the best credit,
but All of Us have the right to own a Home.
When you cannot qualify financial institutions stringent guidelines, we have a creative way to get your mortgage approved. Simple, and it worked for 20 years! It might work for you too.
How it works and what can we do about it.
When you cannot qualify financial institutions stringent guidelines, we have a creative way to get your mortgage approved. Simple, and it worked for 20 One of the most important pieces of information, what You need to know, is that Conventional Lenders MUST obtain Mortgage Insurance, regulated by law in Canada, if You put less than 20% down payment on when You purchase and or have less then 20% equity when refinance Your mortgage! No exception! That is the law!
So, what happens if Your credit and Your income does not fit these qualifying requirements? Do You just give Up? No. Ask all about:
BUNDLE MORTGAGE Solutions!
This is how it Works:
-we collect basic information from You through our online, secured Application
-once we get the application, we will call You and discuss Your options
-we will provide You with an offer from a B lender, up to the max Loan to Value possible they will go to, for the best possible rate
Most probable 1st mortgage scenarios:
Up To 75% Loan to Value.
Rates between 2.5% to 6.9%
As we need to go to 80-85% (Private lenders are no subject to Government restrictions, and first mortgage B and or Private Lenders are open to a second mortgage, when disclosed) loan to value, we provide a second mortgage for the desired amount with rates at
80-85% starting at 9.99%
Advantages of Mortgage Bundles are great:
-allows alterative ways to verify Your income
-not expecting Your Credit to be perfect
-B lenders and Private Lenders base approvals on common sense and equity position
-You can purchase now, what is a great way to immediately build equity. Also real estate values are increasing.
If You are interested to know more, request a FREE Mortgage Consulting Session.