Appetite for lending can differ from lender to lender. A lender’s appetite can explain why certain rates on mortgages offered can be higher. Additionally, certain
There are 4 main types of Alternative Lending. This is not the same as Alternative Mortgage Solutions or (AMS). The rates on this type of
Mortgage bridge financing is a type of loan that provides short-term financing for real estate transactions. It is designed to help individuals or businesses that
Most times when a borrower is a farmer, they have gone through all avenues to obtain financing on their farm. If you have not
In the Brokering industry, brokers and agents use the term LTV. This is a short form of Loan to Value. Below we show you a
We have a post on what income is needed on your mortgage, but what if that income is not claimed at all in Canada? This
Alt-A Lending is what we call it in the industry. It’s also a Borrower Type as an Alt-A Lender will naturally lend to an Alt-A
What does it take to get a mortgage once you have claimed bankruptcy (BK), performed a proposal, or simply have bad debts on your bureau?
According to Google search results – A loan commitment is an agreement by a commercial bank or other financial institution to lend a business or individual
A rate float down applies to pre-approvals, and Mortgage Commitments Letters that are active. If you have a closing in 30 days, and you received a certain
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