In this episode, Len Lane chats with Reaza Ali, a mortgage expert, about private lending and Mortgage Investment Corporations (MICs). They explain how private lending and MICs work differently from traditional banks, providing options for people who may not qualify for bank loans.
Reaza clarifies the risks involved and emphasizes the importance of choosing reputable lenders. They also discuss changes in mortgage qualifications, especially for self-employed individuals, and how different provinces in Canada are affected by market shifts. Len and Reaza highlight the need for careful research to ensure clients find the best mortgage solutions for their financial goals.
About Reaza Ali
Reaza Ali brings over 26 years of experience in the mortgage industry, with a rich background encompassing roles in business development and broker relations. Currently serving as the National Broker Relations Manager for Fisgard Asset Management, Reaza leverages his expertise to navigate the dynamic landscape of private lending and MICs, empowering clients and industry professionals with strategic financial solutions.
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