IN MOST CASES WE CAN USUALLY SECURE A MORTGAGE FOR YOU PROVIDING THE SITUATION IS AS FOLLOWS:
YOU ARE NOW IN A POSITION FINANCIALLY, TO TAKE ON THE RESPONSIBILITY TO OWN YOUR OWN HOME. IN THE CASE OF BANKRUPTCY, IF YOU HAVE BEEN DISCHARGED FOR 24 MONTHS MINIMUM AND YOU HAVE RE-ESTABLISHED A GOOD CREDIT RATING FOR AT LEAST 12 MONTHS, 90 – 95% CMHC INSURED MORTGAGES ARE AVAILABLE.
A CONVENTIONAL FIRST AND SECOND MORTGAGE IS ANOTHER WAY TO OBTAIN A MORTGAGE IN CASE YOU DO NOT MEET CMHC REQUIREMENTS. IF YOU DO NOT HAVE A FULL INCOME CONFIRMATION, THERE IS A FEATURE WHICH IS ESPECIALLY GOOD FOR SELF- EMPLOYED INDIVIDUALS AND THESE LENDERS WILL APPROVE MORTAGES IN THE 65% - 85% RANGE. THESE RATES WILL DEPEND ON, CREDIT RATING, TYPE OF PROPERTY AND ON LOAN TO VALUE. IN THE RANGE OF 65% - 75%, FINANCING OF A MORTGAGE IS ALSO AVAILABLE, EVEN TO RECENTLY DISCHARGED BANKRUPTS. HOWEVER, THE RATE WILL NORMALLY BE 1 – 2% HIGHER. SOMETIMES IN SECONDARY FINANCING OR VENDOR TAKE BACKS, UP TO 90% AND POSSIBLY 100% IN SOME CASES. PLEASE DO NOT DELAY AND CONTACT US TO DISCUSS YOUR OPPORTUNITY OF SECURING A MORTGAGE. THIS WILL BE IN STRICT CONFIDENCE AND YOU WILL NOT BE OBLIGATED IN ANY WAY. NOT EVERYONE IS BLESSED TO GO THROUGH LIFE AND NOT HAVE FINANCIAL PROBLEMS. WE WILL DO OUR UTMOST TO HELP YOU QUALIFY FOR A MORTGAGE WHICH IS BEST SUITED TO YOUR PERSONAL NEEDS.
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