Private loans are becoming increasingly popular among Canadians looking to obtain loans to purchase or renovate a home. With new mortgage stress testing rules, it's becoming harder for some to get a mortgage from traditional lenders, particularly the self-employed, first-time home buyers and those with credit difficulties.
Homeowners seeking construction or renovation loans may also face the same challenge. For those who are unable to obtain a traditional mortgage from a bank or credit union, these private mortgages might seem like an attractive alternative. However, before taking out a private mortgage loan, borrowers should consider certain risks.
To learn more, visit http://MakeMoneyCount.com
#CanadianMortgage #PrivateLender #MortgageBroker #HomeEquity #Economics #Podcast #RealEstate #RealEstateInvesting #MakeMoneyCount #Cannect
Subscribe to find out more!
PODCAST:
Apple: https://podcasts.apple.com/us/podcast/make-money-count/id1579718660
Spotify: https://open.spotify.com/show/60gGyKOiiN7fnKFknyFREJ
iHeart Radio: https://www.iheart.com/podcast/269-make-money-count-85477969/
Podbean: https://makemoneycount.podbean.com/
SOCIAL
– TikTok: https://www.tiktok.com/@cannect.ca
– FACEBOOK: https://www.facebook.com/cannecthomefinancing
– TWITTER: https://twitter.com/CannectLoans
-IG: https://www.instagram.com/cannect.ca/
LinkedIn: https://www.linkedin.com/company/cannect-home-financing
YOUR BEST HOME MORTGAGE NOW AND FOREVER
https://cannect.ca/
https://cannect.ca/
https://cannect.ca/
INVEST WITH CANNECT NOW
https://cannect.ca/mortgage-investment-corporation
Average returns of 8.11%.
Nine years of established success
Learn more about making money count: http://MakeMoneyCount.com
Please take the opportunity to connect and share this video with your friends and family if you find it useful.
No Comments