Collection agency referred deal to DLC agent in order to refinance house equity to settle various collections and stop property tax sale with payment of massive tax arrears. Total required funds to accomplish goal was $49,000.00
Private Sale where residential purchase price was set at $180,000 and consumer was in need to finance the entire $180,000 = 100% purchase financing
Applicant going through marital break down, required refinance to consolidate and settle with spouse
Existing mobile and land was free and clear of any charges
Consolidate all debts seen on credit report, buy out spouse and ideally raise some funds for house improvements
Applicant residing in principal residence was in need to address and payout a Genworth collection resulting from a foreclosure deficiency balance from a rental house from years back. Principal residence is owned and occupied with spouse….Genworth collection stemmed from rental house owned solely with a brother.
DLC agent seeking 80% financing where client had 75% approval with another brokerage. Requesting 80% to help client close presale rental condo purchase and help DLC agent win the deal away from another brokerage and agent. Presale contract was written September 2010 and required to close April 2013
Help locate financing for a pad rent mobile home purchase for a couple who moved into a new town for a new employment opportunity. Subject is also located on native lease land.
Refinance out of an existing 9% private lender into a lower rate lender to improve cash flow and reduce interest costs. This to be done with a stated income applicant who has 2 BFS entities AND a rental portfolio of 27 houses all presently mortgaged with A lenders
Divorced applicant looking to refinance a small community SFD to consolidate existing credit union mortgage, outstanding property tax, all consumer debt that was all in a derogatory state and pocket some breathing room cash, all into a new 1st mortgage. Goal was to remove arrears and collection calls and lower total payments.
Finance residential house purchase in small bedroom Alberta community via a private sale. Agreed purchase price well under market value. Applicant has ZERO downpayment and required to finance 100% of the agreed purchase price.
Family of parents and daughter seeking 1st mortgage financing to 75-80% LTV with credit below bank guidelines, stated income and unique down payment source. In efforts to find any approval at acceptable terms, the applicants hired numerous brokers and deal has been shopped to many B and private lenders.