Be prepared if you’re buying a property with this feature

Mortgage lenders are pretty flexible, but mortgage financing is still a business and lenders have a bottom line to protect. The good news for us is they understand we don’t live in a perfect world and there needs to be some risk tolerance in order to lend out money and earn a profit. Apart from the … Continue reading →

Alternative Lending 101

If you’re thinking of getting a mortgage, like most, you’ve likely done some research to see what’s required in order to be approved. But what happens if you don’t meet ALL of the requirements? Welcome to the world of alternative lending. These mortgage offerings are geared towards a borrower who needs a lender to work … Continue reading →

The 5 C’s of Credit

How do you look on paper? When it comes to borrowing money, we’ve come a long way from just a handshake to seal the deal. Now there’s an application process, which includes meeting the qualifying guidelines, understanding any terms and conditions, paperwork to sign, and more that goes along with getting approved for financing. Are … Continue reading →

So Your Mortgage Got Declined

Welcome to Alternative Lending 101 If you’re thinking of getting a mortgage, like most, you’ve likely done some research to see what’s required in order to be approved. But what happens if you don’t meet ALL the requirements? Welcome to the world of alternative lending. These mortgage offerings are geared towards a borrower who needs … Continue reading →

How strong is your credit application?

When it comes to borrowing money, we’ve come a long way from just a handshake to seal the deal. Now there’s an application process which includes meeting the qualifying guidelines, review and understanding of any terms and conditions, paperwork to sign, and more that goes along with getting approved for financing. Are you wondering how … Continue reading →

How to look like a perfect 10…on paper

Here I am, right on the coattails of an article about which direction the mortgage market may take in the next 12 months. Let’s talk about how to make sure you stay at the top of the “borrowing ability” game! Mortgage lending is simply risk assessment and lenders are constantly scrutinizing the risk of lending … Continue reading →