Sandhu Sran Mortgages - When Do I Need to Apply a Private Mortgage? | |
A private mortgage is a lending option for potential borrowers who do not meet the requirements of typical mortgage lenders. The better your credit and income, and the lesser your debt, the more likely you are to be able to qualify for a terrific low mortgage rate through the standard mortgage qualification process. However, many Canadians do not have the option of being approved for a mortgage by banks or other institutional lenders. In an era of rising property values and high unemployment rates, combined with the stress test, an increasing number of people are finding it difficult to qualify for a mortgage from a traditional lender. This is where a private mortgage comes into play. | |
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Target Prov.: British Columbia Target City : All Cities Last Update : Sep 03, 2024 2:31 AM Number of Views: 39 | Item Owner : Sandhu Sran Mortgages Contact Email: Contact Phone: 604-864-4222 |
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