Qualifying for a mortgage has always been difficult for some Canadians. It’s gotten difficult for a lot of people even those with the best credit scores since the introduction and subsequent amendments of the B20 guideline, and with the ever-increasing price of homes. For most home buyers, getting a private mortgage is their only chance of owning a home.
There has been an ever-increasing amount of private lenders offering private mortgages in Canada, most are called Mortgage Investment Corporations (MICs) with varied guidelines, rates, and fees.
If you must get a private mortgage because your income does not meet the A lenders or Alternative lenders guidelines, my familiarity with private lenders could be an asset to you and could save you thousands of dollars in fees by asking the right questions on your behalf
Please give me a call at your convenience or fill out the contact form with the best time to contact you and I will be happy to offer my services.