What
we can
do for you.
Residential mortgage
(including co-ownership appartments)
Commercial Financing
Debt consolidation
Business loans. Credit lines
Construction loans
Private mortgage
Business Financing
A
Debt Consolidation loan is a
personal loan that allows you to
consolidate many other debts into one. For
example, if you have three credit cards, you
may be able to
eliminate your credit card debt by
getting a Debt Consolidation loan to pay off
the credit cards, so that you only have one
payment each month instead of three. One of
the most popular forms of
debt consolidation loans in Canada is a
debt
consolidation mortgage loan on your home.
In Canada, lenders will provide you with a
mortgage (a loan against your house) for up to
90% of the value of your home.
In some cases you have
no choice but apply for private mortgage .
Conventional lenders have turned you down and
you are unable to obtain financing from other
sources. Typically you will be self employed
or may have had some credit problems in the
past. This does not mean you are a bad person;
just that you do not meet the stringent
lending criteria of the banks.
Maybe you are trying to buy that
dream home but don't meet the banks or CMHC's
requirements. Maybe you want to buy that small
cottage in the middle of no where. Or maybe you are
falling behind on your debts and need to refinance
everything to try and save your home and stave off
bankruptcy.
A private mortgage could be an ideal
solution to your dilemma.
Yes, you will pay a higher interest
rate and yes, there will be additional fees. Your
interest rate and the fees involved in arranging the
mortgage will be determined by the level of risk
involved in the transaction. A typical borrower that
is considered to be a moderate level of risk could
expect to pay a rate between 8% and 11% and fees
equal to 2-4% of the mortgage amount. High risk
borrower might be requested to pay to pay a little
more.
A private mortgage may only be a
short term solution. Once you have demonstrated your
ability to make your mortgage payments on a timely
basis we will assist you to obtain mortgage from
financial institution. Most bankers would take
another serious look at your situation after about a
year.
Limited time
promotion: private second mortgage form 6.99% in
marketable area where LTV <= 80%
Construction - Earthmoving
Excavators, graders, back hoes, bull dozers,
wheel loaders, skid steers, motor scrapers,
articulated rock trucks
Material handling / Lifting
Fork lifts, zoom booms, man lifts, mobile cranes,
overhead cranes
Road Building
Rock crushers & gravel crushing equipment,
pavers, asphalt handlers and concrete mixers
Transportation - Trucks
Highway tractors, delivery units, dry vans,
gravel trucks, cement trucks
Transportation – Trailers
Van & reefer trailers, flat decks, super grain
trailers, super B Petroleum & crude tankers, End
dumps, Gravel Trailers, Clam dump, Belly dump,
Scissorneck Units, Lowboys, Hiboys, Oilfield Floats,
Jeeps, Boosters
Manufacturing
Machine Tools, dies & molds, lasers, process &
packaging equipment, overhead cranes, robotics, etc.
Oil Field Services
Hyrdro Vac’s, picker trucks, winch trucks,
service rigs, hot oil units, tanks, production
testing units.
Technology
Computers/servers, phone systems, photocopiers,
security, pos etc.
As a private investor you
may be looking for ways to diversify your
portfolio. We offer private investors an
alternative wealth building tool with the
benefit of real estate security and monthly
income. We prepare a complete underwriting
package on your behalf.
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