Repeat client with self employed income and high beacon scores. Looking to pull equity for cash flow for business until home sells.
Funded by Us
Self Employed Developer Financing For 4 Lot Land Assembly
A client was looking to buy a 4 lot land assembly for a future multi-family site. However, one lot closed in a week and the other three a few weeks later. So we had to work quick!!
We worked with our trusted lenders and lawyer partners to get him enough funds to close so he wouldn’t lose out on his investment. We also closed the other three lots and allowed him to start the rezoning process.
Land deals are hot right now! But lenders are slowly pulling back on the land financing options. We can help. We have options for you and your investment partners.
Self Employed Real Estate Investor Obtained Financing For Holding Property
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.
Options for 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!
Self Employed Individual Obtained a Mortgage to Invest in their 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.
We Can Help Clients With No Recent Taxes Done
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)