Private First Mortgages
At Absolute Mortgage we realize that many clients simply can not get approved for mortgages at their bank due to either lack of verifiable income or previous or current bad credit situations etc... We work with some private lenders that can lend you money secured against the equity in your home. The interest rates for first mortgages can be similar to bank rates and lender fees may apply.
Below is some reasons to get a first mortgage.
- Debt Consolidation and Reduction
- Revenue Property Purchases
- RRSP/Mutual Funds
- Education
- Home Renovations
- Re-mortgaging current first mortgage and second mortgage into one mortgage
