Private financing can be useful when timing matters, income is complex, a property needs work, or a conventional lender is not immediately available. It is not a substitute for a repayment plan. Before arranging private financing, Mortgage Matchmaker reviews the property, the borrower’s complete financial picture, the loan-to-value ratio, requested term, legal costs, and the …
A private mortgage is a bridge, not an exit strategy Read More »
Self-employed borrowers often have strong businesses and complicated mortgage files. Net income on a tax return may not show the whole picture, particularly when the business retains earnings, has uneven revenue, or uses legitimate expense deductions. The right mortgage strategy begins with organized documentation: personal tax returns and notices of assessment, business financial statements, corporate …
Self-employed borrowers: prepare the income story lenders need to see Read More »
Larger mortgages can require more than a standard rate search. Lenders may assess income, liquidity, property quality, credit, liabilities, ownership structure, and the source of down payment in greater detail. The available lender pool can also change with the loan size and property type. Start before the offer date. A well-prepared borrower knows the realistic …
Jumbo mortgages need a strategy before the offer is written Read More »
A refinance is more than a rate decision. It can be used to consolidate debt, release capital for a renovation or investment, address a maturing private loan, buy out an interest, or simplify a borrower’s monthly obligations. The useful question is not simply “Can I refinance?” It is “What structure leaves me stronger after closing?” …
Refinancing is an opportunity to reset the whole debt picture Read More »
Every mortgage request is reviewed as a complete lending scenario. We assess the borrower’s identity and ownership structure, credit profile, income and employment or business documentation, assets, liabilities, existing mortgages, payment history, source of down payment or equity, property type and value, appraisal where required, title and taxes, requested amount, loan-to-value ratio, term, use of …
What RMA Mortgage Matchmaker reviews before presenting a mortgage to a lender Read More »