You can use a mortgage broker if you have excellent or bruised credit. If you have bruised credit, you may not have too much choice, but to use a mortgage broker. When a client brings more risk to a deal, the fewer the options. This client has obstacles that need to be overcome and they will not have access to the best financing options out there. Often these clients have applied for financing already and have been turned down, maybe several times. Bad things happen to good people and there are lenders out there who may be able to help. There are several institutional lenders in the market and a multitude of private lenders. There are lenders who work the tough deals as the base of their business. They all have different lending requirements. Mortgage brokers know them and specifically their products, inside and out Seyed Najbaei AMP TEAM LEADER License #: M08009031 cell : 647-290-2526 office : 416-477-1056 GTAPrivateMortgage
Posted on: Mon, 22 Dec 2014 15:57:31 +0000