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2nd Mortgage Private Lending CanadaZero Down, Special Programs, Equity Lenders, Self-Employed Mortgage BC Vancouver
http://berstratebestmortgage.blogspot.com/
Zero Down, Special Programs, Equity Lenders, Self-Employed Mortgage BC Vancouver
http://berstratebestmortgage.blogspot.com/
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2nd Mortgage Private Lending Canada | berstratebestmortgage.blogspot.com Reviews
https://berstratebestmortgage.blogspot.com
Zero Down, Special Programs, Equity Lenders, Self-Employed Mortgage BC Vancouver
2nd Mortgage Private Lending Canada: Home Buying - All Closing Costs and Associated Fees
http://berstratebestmortgage.blogspot.com/2009/06/home-buying-all-closing-costs-and.html
Home Buying - All Closing Costs and Associated Fees. What It Will Really Cost to Own a Home? A quick rule of thumb, any home buyer can expect to pay from 1.5% - 4.0% of the purchase price of their home in closing costs. Here are a list of expenses and some of them are optional:. Appraisal fee $250 - $400. Down Payment and Deposit. Certificate fee (for condominium/strata unit). Home Inspection $300 - $450. Legal fees and disbursements ($700 - $1200). Prepaid property taxes/utility bills.
2nd Mortgage Private Lending Canada: New Immigrant - No Job, No Credit, 30% down
http://berstratebestmortgage.blogspot.com/2009/03/new-immigrant-no-job-no-credit-30-down.html
New Immigrant - No Job, No Credit, 30% down. If you are a new immigrant and thinking to purchase a home or rental home in Canada, here is a good program:. 30% down payment, can be owner occupied or rental. Maximum Loan $1M on rental, max $1.5M on principle residence. Must have permanent resident card confirming landed immigrant status. All down payment must be in Canada 15 days before funding. Chinese (Mandarin, Cantonese), Japanese, Fillipino, Korean. Christine Chien, Personal line: 604-603-6189.
2nd Mortgage Private Lending Canada: CMHC Self Employed Policy Change
http://berstratebestmortgage.blogspot.com/2009/04/cmhc-self-employed-policy-change.html
CMHC Self Employed Policy Change. CMHC will no longer accept applicants under their Self Employed program who own and incorporate a company. CMHC will still however do “sole proprietor” under that program. If applicant is incorporated they will now have to fully qualify. Other high ratio mortgage insures in Canada also include Genworth and AIG. However, the lenders must adopt the insurer's program for you to obtain the insurance. Christine Chien, Member of CAAMP. Labels: General Mortgage News.
2nd Mortgage Private Lending Canada: Cash Back Mortgage? How about "Flex Down" ?
http://berstratebestmortgage.blogspot.com/2009/07/cash-back-how-about-flex-down.html
How about "Flex Down"? Have you seen 'cash back' mortgages with zero down payment funded on closing? Yes it is available at posted rate (not fully discounted rate). How about considering 'flex down' mortgage and get the best rate possible! It saves you money while keeping our down payement 'zero' out of pocket - reason being - flex down mortgage still gives you the best rate possible vs. cash back mortgage adds the cost of money on the 'rate' itself. Make sure you compare the two options.
2nd Mortgage Private Lending Canada: 95% Loan to Value Second Mortgage
http://berstratebestmortgage.blogspot.com/2009/07/95-loan-to-value-second-mortgage.html
95% Loan to Value Second Mortgage. As of today, 2nd mortgage up to 95% LTV is available through selective lenders as long as the first position lender is a CMHC approved lender. If you are planning to do some equity take out on your principle residence, this will work well. For a business for self (stated income), this program is also available up to 90% LTV through very selective lender. 1-3 fixed rate selection. Owner occpuied properties only. First mortgage must be an approved CMHC elnder.
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berstratebestmortgage.blogspot.com
2nd Mortgage Private Lending Canada
Grow-Ops Properties - Is it Lendable? Some lenders try to get away from 'grow-op' properties. Some lenders will consider lending on such property providing the property is strong and has been fully remedied. Christine Chien, Member of CAAMP. Labels: Bank Turn Downs. 95% Loan to Value Second Mortgage. 1-3 fixed rate selection. Owner occpuied properties only. First mortgage must be an approved CMHC elnder. Maximum 75% LTV conventional. Maximum 95% LTV high ratio insured mortgage. Labels: Bank Turn Downs.
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