Private Mortgage Lending Calgary, Alberta
Do you have RRSP’s, Stocks, Savings or other investments that are under performing on their rate of return? Securing your capital against real estate for higher rate returns is something you may want to consider.
Our Calgary Mortgage Broker/ Agent will help guide you through the process of qualifying the borrowers and ensuring you are comfortable with the guidelines you set and the ability of the clients to pay you back.
Everyone has a different set of expectations so we need to have a discussion to know what your expectations are.
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.