Searching for reputable private mortgage lenders can be a challenge. Unlike banks and other institutional mortgage lenders who have customer facing operations, branding and marketing, private home equity mortgage lenders rely on mortgage brokers to recommend their
Private mortgage financing is not always economical however that doesn’t mean it isn’t useful to help you move forward to achieve financial success or independence. When applied correctly a private home equity loan can unlock tremendous
If you are shopping for a private mortgage solution it’s useful to understand exactly how much money can be made available to you based on the equity in your home. The built up equity in your home is critical to your ability to borrow from a private home equity
If you’re in the early stages of shopping around for a mortgage solution you might not be too clear on what you are actually looking for and how to ask for it. This post is a lesson in Canadian mortgage jargon and nomenclature with the hope that you’ll be better prepared to shop around
Mark Twain once wrote “A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to
In this post I discuss the differences between a private home equity mortgage lender and bank or institutional mortgage lender. How each approaches the qualification of mortgage borrowers. If you think you need a private home equity mortgage loan then this is a good place to start educating yourself.