I think you’ll agree with me that owing money and not being able to keep up your payments is one of the worst feelings in the world. If you own a house and you are under pressure from creditors due to late payments this post is for you.
Private second mortgages can be very useful to unlock potential. The ingredients to a successful transaction include need, equity and a solid exit strategy. Sounds simple but knowing how to put the pieces together at a reasonable rate takes some know how. [Read more…] about HOW WE USED A PRIVATE SECOND MORTGAGE FOR A PURCHASE PLUS IMPROVEMENT
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 service. [Read more…] about BEST PRIVATE MORTGAGE LENDERS IN ONTARIO
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 potential.
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 lender. [Read more…] about How much equity do I need to apply for a private home equity mortgage?