* Open WEEKENDS
* Short term open mortgages
* Funds received in 7 business days
* Smallest mortgage = $100,000
See conditions below
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SERVICES
- Closing in 5 days
- Need a small mortgage for a short time
- Purchase / Sale closing dates don’t match
- Can’t pay closing costs until the house sells
- Selling the house so only need to renew for short time
- Need to replace mortgage agent at the last minute
- Need a short term bridge loan now
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Conditions:
- Borrower’s financial profile must pass the lender’s stress test ratios of Gross Debt Service and Total Debt Service
- 7 business days can only be achieved if borrower submits the necessary financial documents immediately
- Appraisals are required and must be completed by a Lender’s approved appraiser at the cost of the borrower