Wednesday
February 22, 2012
1 Year Closed : 2.75 %
3 Year Closed : 2.79 %
5 Year Closed : 3.19 %
|
|
 Private Money: Available.
Alternative financing for the risk levels, and policy guidelines, that exceed the criteria of Banks and other institutional lenders.
Rates: As low as 5.99% for 1st position lending, 2nds from 8.25%. Loan to Value applies.
Discretion and common sense lending will apply to private financing files.
Common Private money uses:
A) Quick close on a pre-sale development,
B) Topping-up construction costs,
C) Arranging a short-term second for renovations,
D) Building your business with an equity take out on your residence for that must have shipment!
E) Increasing your purchase power by running a second on a new purchase.
F) Breaking free of some arrears.
G) Taking equity out of your listed home for your new home before executed contract of sale
H) Development of subdivisions
I) Raw land sales
J) Credit problems and bankruptcy
Call for availability and rates.
Thanks.
Gord
|
|
