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December 7, 2019
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Current mortgage deals available for funding
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Contract Number: B62502501
Mortgage
Type: Second
Amount: $24,000.00
Interest Rate: 15%
Monthly Payment: $299.07
Loan to Value: 75%
Property
Location: Kemptville
Type: Single Family Home
Value: $156,000.00
Comments

THIS DEAL NOW FUNDED

 

This single family home is located 5 minutes from highway #416. Clients are looking for a second mortgage for debt consolidation and home improvements. Clients have had some past credit problems. The return on this deal is excellent considering total loan to property value is only 75%.

Contract Number: B621821548
Mortgage
Type: First
Amount: $170,000.00
Interest Rate: 9.5%
Monthly Payment: $1,463.75
Loan to Value: 47%
Property
Location: Ottawa Area
Type: 4 Cottages Package Deal
Value: $360,000.00
Comments

This Deal Now Funded 

Very clean deal. Clients have excellent job history and excellent income ($98,000.00). Cottages are currently rented for $32,418.00 per year.Banks not interested in funding because property is seasonal.

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