Clients were looking to consolidate all of their high interest revolving debts which was over $3,500 per month in payments. Clients had excellent income. Their first mortgage was coming up for maturity in six months, they wanted short-term financing until they could refinance.
Funded by Us
2nd Mortgage Financing for Self Employed Clients
Freedom Capital successfully placed a 2nd mortgage behind another private lender to assist a self-employed client consolidate outstanding debts due to Covid.
1st Mortgage Private Financing For Rental Property With Development Potential
This client is a real estate developer and investor. He was able to obtain a parcel that is expected to turn from single family zoning to multi-family zoning in the next few years. The client was looking to purchase the property and put it for rent while undergoing the rezoning process. We help investors increase their net worth while seeing their vision of a bigger community. We were able to achieve high loan-to-value and get an approval within 3 business days.
1st Mortgage Purchase Financing with Higher Amounts with Rush Closing
Client was looking to purchase a property in another province. Their broker was only able to qualify them for a lower amount and client needed more funds for downpayment. We analyzed their assets and we were able to close within 4 days and ensure client wasn’t breach of contract.
We always look at the bigger picture and use our creative solutions to ensure you achieve your financial goals.
1st Mortgage Solutions Even When the Banks Said No
Our client had over 800 beacon credit score, and the banks still said no to his funding request! They were pre-approved for a purchase, but the bank decided not to proceed, with no reason given. They were coming up to closing the deal and needed help. Their realtor is a great referral source of Freedom Capital and knew we could help! Within days we were able to get an approval and save the client tons of money if they weren’t able to complete in court costs alone.
Even though you have an excellent credit doesn’t mean the bank will say yes. We are always here to provide a solution.
1st Mortgage Purchase Financing for Title Transfer
A family wanted to transfer the title from the mother to the son’s name. We are very familiar with this, as we often have similar cases where a family member is looking to be on or removed from title, etc. We made this transaction very easy for the client, and advised the client to have an agreement drawn up from the lawyers (to help with saving on closing costs). The lender accepted the agreement as it was mutually beneficial to all parties and arranged financing quickly.
Let us help you make sense of real estate ownership and how to manage it in case of family/ownership changes.
2nd Mortgage Financing for Renos!
A client reached out to us looking for funds to renovate. They were interested in purchasing a new home, however due to the latest mortgage rate hikes affecting their buying power, they decided to renovate their current home and wait out the current market. We gave them access to funds for a new kitchen, update the flooring, bathrooms, and apply fresh paint. The home will be ready for sale when the market picks back up, and in the meantime they get to enjoy their newly renovated home!
Does your home need a facelift? Tap into your equity to make those repairs you’ve been putting off.
1st Mortgage Renewal with an Equity Take Out
A returning clients mortgage term was up for renewal. They purchased last year and made renovation on the mixed use commercial/residential property. The client wanted to pay off the renovation money they borrowed, and take advantage of the increase of value and low interest rates. We were able to get enough funds to pay off their debts and give them a sweet rate savings of 2%! We always look out for clients and do a yearly review of your mortgage.
2nd Mortgage Private Financing for Business Cashflow
We had a client that was looking to receive some cashflow for his business. Normally, we only do 1st Mortgages, but one of our lending partners was offering a new line of credit option, so we were able to give the client two options. While working out the numbers, client took advantage of the line of credit. We have options and always working in your best interest. Funded Friday! We had a client that was looking to receive some cashflow for his business. Normally, we only do 1st Mortgages, but one of our lending partners was offering a new line of credit option, so we were able to give the client two options. While working out the numbers, client took advantage of the line of credit. We have options and always working in your best interest.
1st Mortgage Purchase Financing Closed in 3 days Despite Special Stipulations on Title
Client reached out to Freedom Capital when his current lender said NO because of a special stipulation on the purchase and sale contract. We reached out to our trusted lenders, completed a rush closing, because the previous lender backed out last minute. We had only three days to close! We put confidence with our lenders, because of our knowledge of the market.
We live for the rush!
We take pride providing the custom solutions you need when you need them.
Even if you need some preliminary financing advice, we’re here to help! https://www.freedomcapital.com/apply-now/ or call 1-866-944-7778.
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