If you are self-employed or a business owner you will usually have more difficulty getting a mortgage on your house and investment property or when buying a property for your business. We at RMAI/Loancentral.ca specialize in getting financing for the self-employed or business owners while the banks will typically give you a cold shoulder because you don’t checkbox all their criteria.
The good news is we know various financial institutions that would be delighted to lend you. Why?
Because you are a reliable, responsible borrower, even if your income or debt service ratios say otherwise. For example, the lenders we work with don’t care about your tax return. They understand that a business person’s finances don’t necessarily follow the regular pattern. The lenders we work with are financial institutions who keep an open mind and are more flexible, we call them ‘alternative’ lenders. We explain these lenders your unique story and find the right financing solution for you.
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 needs. For a more detailed discussion of your financial borrowing needs contact us anytime. Our mortgage experts at Laon Central will find a way!