Key points:
- Private mortgage financing is on the rise, as interest rates and inflation continue to increase.
- The best place to start is by educating yourself on the basics, which is why I’ve created my private mortgage guide.
The Tridac Mortgage private mortgage guide
In this video, I review the current market conditions and how it is turning many people towards private mortgages. Here’s a brief overview of my private mortgage guide and what you can expect.
Don’t feel like watching? Find the full transcript below!
Chris: [00:00:00] I was recently interviewed by the Toronto Star to give my thoughts on the rise of private mortgage financing in Ontario. There are so many reasons why you might need a private mortgage, especially now under the crushing burden of rising mortgage interest rates and inflation. It is becoming more and more common for us to see.
Chris: [00:00:21] If you think that you need a private mortgage to provide relief to your financial situation, then there is one piece of advice that I can give you, and that is to get educated. Private mortgages can be very expensive, high interest rates, high fees, and you want to know what the options are and what your exit strategy is before becoming burdened in the world of private mortgages. And it’s for that reason that I’ve created the private mortgage guide totally for free on my website. There’s no contact form, no subscription required. The guide includes eight chapters with everything you need to know from what a private mortgage is, how to apply for a mortgage and what the interest rates and fees are associated with private mortgages that you can expect.
Need more help or information?
Chris: [00:01:09] My name is Christopher Molder and for the last 18 years I’ve been working with mortgage borrowers, giving them advice and guidance on how to select a private mortgage and to make sure that it’s the right mortgage for them, and also how to get rid of that mortgage. Very easy to put you into debt, harder to get you out of debt. And it’s for that reason that I’ve created this guide and I invite you to browse. I invite you to use it as a resource. And if you have any questions or concerns or would like personalized guidance, I’m just a phone call or an email away.
If you’d like to discuss your mortgage, you can contact me here or schedule a convenient call time directly into my calendar below.
