Flip Financing
Calgary Mortgage Broker/ Specialist
Do you like to renovate and flip property as a business? Are you completing renovations on a property you will keep? I know the financing challenges you face and the solutions that will work for you.
From the beginning to end we have lending options that have you covered. From flip products with as little as $10K down or stated income qualifying with rates of 5.99% we can find a solution hat will work for you.
Being able to get the most cash possible at the end of your project is important and depending on the length and extent of the project you need to know all of your options.
A mortgage pre-approval is so important to ensure that you are buying within your purchasing ability. There is nothing worse than having your heart set on a home that ultimately you cannot qualify for the mortgage to buy. A critical part of the pre-approval is ensuring you have all of your documents ready, down payment in place, taxes filed, taxes paid, and income verification documents. Finally when it comes to the actual mortgage ensure you consider the terms of the mortgage and not just the rate. Different lenders have different terms and saving a little on rate could cost you way more in the long run due to a term in the mortgage you did not understand, realize or expect to get in the way of your future.