Ontario’s private lenders association began to take shape recently and without saying it out loud, it is about time. Private lenders, not to be confused with B lenders, are exactly that, they lend private individuals money. Whether it is in the form of a Mortgage investment Company (MIC) or whether they are a syndicated lender […]
Private Lender Associations Beginning to Form Read More »
If you’re in real estate or mortgages you have to be watching what is happening in #YVR with housing prices sky rocketing out of control. My hats off to the Realtor’s that can handle that high end client because when you are spending millions of dollars you expect a high level of professionalism. I have
Let’s talk about Vancouver… Read More »
As some of you may have realized Alberta is in a bit of a slump. Today CMHC released the final results for 2015 and the without a doubt the numbers are down for construction starts in the entire province. This means for many builder and building trades that it may be a long year in
Alberta Housing Starts on the Decline – Is that Good Or Bad? Read More »
Occasionally you will see mortgage rates that seem too good to be true and sometimes they are but how do the lenders make these rates look so good. Here’s a list of things you should watch for when mortgage shopping that can make a mortgage rate seem lower: Mortgage rates can be made to appear
6 Essentials to Watch for During Your Mortgage Shopping to Lower Mortgage Rates Read More »
Mortgage Investment Corporations offer clients a lot of solutions to their financial situation. Many self employed people claim lower than normal incomes for the purpose of deferring taxes. MIC’s allow that client to show that their income is higher through cash flow and claw backs in the business. Business for self (BFS), No income Qualifying
Who would use a Mortgage Investment Corporation for their Mortgage Read More »