If you want to know when interest rates will start to go down, follow Canada inflation reports. Inflation means that prices for consumer goods and services are going up. The reason they are going up is because consumer demand is higher than the supply of these goods. More people want things than are available. So, people are willing to pay more for the things that they want. In order to combat inflation, we need to increase the supply of things and lower consumer demand for things. Increasi...

Private lenders charge a lender fee for their services to compensate for the risk they are taking in lending money to borrowers who may not qualify for traditional financing. Lender fees are typically a percentage of the loan amount (typically between 1% to 3%) and are paid upfront at closing, in addition to any other closing costs. There are several reasons why private lenders may charge a lender fee. One reason is to cover the costs of underwriting and processing the loan. Private lenders ...

Private mortgages can offer several benefits for borrowers who may not qualify for traditional financing from a bank or other financial institution. Here are some potential advantages of taking out a private mortgage: Easy to qualify: The qualification is mainly based on the available equity in your property. An appraisal is key to determine the current value of your property which determines how much equity is available for financing. Most private lenders will lend a maximum of 80% of the a...

   No need to liquidate your assets for more of a down payment, instead you can use your invested assets to qualify for more of a mortgage. This mortgage program allows you to use net liquid assets to help qualify for the mortgage you need. If your income is not enough to qualify you for the mortgage you want, then a liquid asset qualification might work for you. It is designed to qualify for mortgage amounts above standard qualification. Case Study:    A borrower was s...

Private mortgages have exploded in Canada over the last few years. There are so many different lenders now in the marketplace offering private mortgage money. Many private lenders have a niche and cater to specific borrower types. There is a private lender for almost any situation. There are many different reasons why people look to private lending as a mortgage solution. Real estate investors often use private money to purchase residential and commercial real estate to build their portfolio...