Repeat client with self employed income and high beacon scores. Looking to pull equity for cash flow for business until home sells.
Title of Heading
Invest in your Business!
Freedom Capital successfully placed a 2nd equity take-out mortgage at 75% loan-to-value behind a large 1st mortgage to help the client invest those funds in a business investment opportunity.
Self Employed Realtors
Client was looking to become an independent realtor, they were very successful in sales in previous positions. They were in the initial stages of obtaining their realtor license. They had NO INCOME coming in and using savings for day to day life. Freedom Capital was able to get a competitive approval. Next Step: will be refinancing with conventional financing once income has been established. Freedom Capital helps obtaining the home you love!
No Taxes done? No problem
65% LTV on purchase of a new built condo. We were able to obtain financing that included the GST of the purchase price (most lenders do not include GST in their financing)