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8 Reasons Why Commercial Lenders Reject Deals

8 Reasons Why Commercial Lenders Reject Deals

THINKING ABOUT GETTING A MORTGAGE LOAN? Don’t fal […]

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Home Loan With Defaults–Bad Credit

Home Loan With Defaults–Bad Credit

More than one in eight adult Canadians will declare bankruptcy or negotiate a debt settlement – consumer proposal – with creditors. That’s a lot of people with devastated credit.

The majority of those people will want a mortgage at some point, but they’ll find their options are limited. Following the credit crisis, funding shrank for high-risk mortgages, causing more than a dozen sub-prime lenders to close their doors in Canada.

However, Private Lenders – “Lenders For Growth” “Rosmount Capital Funding” -can help in such circumstances Call: 416.444.4252

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Canada: OSFI Guideline B-20:

Canada: OSFI Guideline B-20:

Office of the Superintendent of Financial Institutions […]

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7 Mistakes Borrowers Make

7 Mistakes Borrowers Make

Sometimes a new client will ask what issues tend to come up again and again during the commercial mortgage financing process and what mistakes they should try to avoid. Here are the top seven mistakes that come to mind. As you’ll see, most of these fall under the general topic of “timing is everything

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Commercial Loan Fraud and Advance Fee Scams

Commercial Loan Fraud and Advance Fee Scams

Looking for a equity loan, debt consolidation loan or refinance but don’t think you’ll qualify? Have you been turned down by a bank because of your poor credit history or ? You may be tempted by ads and websites that guarantee home loans or credit cards, regardless of your credit history, job etc. Rule number one: Legitimate lenders never “guarantee” or say that you are likely to get a loan or a credit card before you apply,

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