If you are a real estate investor then you have realized sooner or later that the banks are not your lending partners. The banks typically look to lend on principal residence purchases and shine away from lending on ‘speculative’ rental properties.
The good news is that this gap in supply that the banks leave behind is filled by other financial institutions called ‘alternative’ lenders. We at RMAI/Loancentral.ca specialize in mortgage solutions for real estate investors from various alternative lenders.
Your real estate portfolio big or small, will be reviewed and submitted to an alternative lender that is more open-minded and flexible when analyzing your financial capabilities and the financial performance of your properties. Some of these lenders have no limit to the amount of properties you may own. They will pay closer attention to your story or investment plan, the way a business partner should.
Development, construction or ‘rehab’ projects are also a niche alternative lenders offer solutions to. At RMAI/Loancentral.ca we can help you qualify for such purposes and others.
There are usually several borrowing options for you to choose from, a combination of term, interest rate and loan to value. We will find the right combination that suits your investment need. For a more detailed discussion of your financial borrowing needs contact us anytime. Our mortgage experts at RMAI/Loancentral.ca will find a way!
