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HOW WE USED A PRIVATE SECOND MORTGAGE FOR A PURCHASE PLUS IMPROVEMENT

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

CASE STUDY: PRIVATE HOME EQUITY MORTGAGE FOR DENTAL BUSINESS CASH INJECTION

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.

[Read more…] about CASE STUDY: PRIVATE HOME EQUITY MORTGAGE FOR DENTAL BUSINESS CASH INJECTION

Private Home Equity Mortgage Lender vs. Institutional Mortgage Lender

A private home equity mortgage is rarely going to be a borrower’s first choice for financing. Private mortgages involve fees and extraordinary costs that you wouldn’t typically pay through a more conventional institutional lender like your bank.

[Read more…] about Private Home Equity Mortgage Lender vs. Institutional Mortgage Lender

3 Ways To Invest In Mortgages

With another RRSP season deadline just behind us, a lot of us are probably still thinking about investments. And what better time to have a look at new investment opportunities. Specifically, I’m talking about investing in mortgages. Chances are you don’t give mortgage investing much thought but the truth is most of us have an indirect investment in mortgages. [Read more…] about 3 Ways To Invest In Mortgages

Files Of The Broker: Tax Arrears, Wolves & The Oak Ridges Morraine

The failure to pay property taxes and resulting consequences are not always well appreciated.

Earlier I reported how we saved a homeowner from falling into the hands of the municipality through the Sheriff. The legal action, initiated by a municipality, was over failure to pay property taxes. [Read more…] about Files Of The Broker: Tax Arrears, Wolves & The Oak Ridges Morraine

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Disclaimer

The information on www.sonofabroker.com is neither intended to be nor does it take the place of investment, legal, tax or accounting advice and users are strongly recommended to obtain independent professional advice. The information displayed on www.sonofabroker.com is for reference only. I make every effort to ensure accurate information, however, I am not liable for the use or misuse of the site’s information.

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Christopher Molder is a registered mortgage broker with:


Tridac Mortgage (fsco 11023)


173 Danforth Ave, Toronto ON M4K 1N2

416.461.0204


M08010066

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