One main reason for getting a commercial equity mortgage loan is to obtain a line of credit. A line of credit is an amount of money made available for you to borrow from whenever you wish.
When you get a… Continue reading
Whether to work with a broker or a direct lender
Private hard money lenders are in the business of providing loans and loan services to people who require hard money loans (loans collateralized by real estate.) Private hard money lenders… Continue reading
While credit profile is an important consideration in the lending decision it is not the only one. A bad credit commercial mortgage or loan is available to individuals and businesses with less than perfect, or poor credit rating. These… Continue reading
A commercial second mortgage is an important commercial real estate tool.
Commercial second mortgages are often used in conjunction with a new first commercial mortgage loan. Typically the commercial second mortgage will have a term of one to… Continue reading
Alternatives to Traditional Banks as Sources for Commercial Loans
Commercial mortgages are available through banks, commercial mortgage companies and private lenders. Commercial mortgage rates vary as widely as residential mortgage rates. Traditional banks offer some very low rates.… Continue reading
At Donna’s Mortgages, we have a track record for helping our customers manage their financial affairs responsibly, and assisting them in re-establishing their credit and stability.
We understand that, although many clients are capable and willing to take on the… Continue reading
Choosing a residential mortgage in today’s market can be a challenging decision. The borrower can be faced with a myriad of choices. Each lending institutions presents their respective claims to the enquiring borrower in an attempt to entice… Continue reading
Just imagine – as you’re going through your favourite coffee drive-thru this week – that a well-dressed gentleman stops and offers you $11,000 for your medium double double. Who would hesitate? We’d take the cash. It’s not so far-fetched.… Continue reading
Stealing The Home From under You – The Growing Problem of Title Fraud
Imagine this. A Canadian homeowner – a successful professional with a lovely home in a nice neighbourhood – arrives home after work one day to find a… Continue reading
Over the last few years, relatively weak stock markets (compared to the late 90’s) along with continued global economic uncertainty have changed the way many Canadians are investing their hard earned dollars. More and more Canadians are venturing into… Continue reading