Banks Say No? Where Do You Go Now?
If you're like me, you're getting a little frustrated with all the news about how bad Windsor's economy is getting. You may even be experiencing the pinch yourself?
First a lay off, then maybe a job loss, your employer closes, and your left without an income. Or maybe there was an unexpected illness that has caught your family off-guard financially. Maybe it is a spouse, or close family member? Like most illnesses, you didn't anticipate it and certainly never really planned for it financially.
In either of the above two scenarios, it doesn't take long before you start feeling stress on your pocket book, credit score, and of course your state of mind.
Don't Throw In The Mortgage Loan Towel Yet!
And even though you may already have been told that the best advice is to refinance & consolidate debt now before you get in too deep, no one seems interested in lending, or at least at a decent rate. You've probably gone knocking on a few banks doors, but nobody is answering. And almost as if you've done something wrong, most seem to not want anything to do with you based on your imperfect credit rating. The obvious questions then is: where do I go now?
It is easy to feel like giving up after a few loan rejections. That's being human, but before you throw in the mortgage towel, there are some options you should know about first.
Anything Is Possible. Even Mortgage Loans At Discounted Rates
Ever heard the saying "anything is possible"? Well, it holds true in the mortgage industry. I have had countless occasions where my client was told by the bank that they cannot be helped, but we have been able to get them a mortgage loan, and that's not all, often those mortgage loans are at fully discounted rates!
Here's why: Banks qualify and score you differently then I do. Try and remember these two points: 1. I work for you not for the bank, and 2. If I can't make your mortgage loan happen, my team and I don't get compensated. Simply put, my team and I have both the flexibility with over 400 mortgage loan options, and the motivation to make your deal happen, that truthfully, many hourly paid bank employees don't share.
Working With My Team and I is Different. But Why?
Because we have over 30 years combined experience working with situations just like yours, and we have established, trusted relationships with many lenders across Canada. These beneficial relationships allow me to offer you some of the most innovative loan products and services on the market.
Can You Say Yes To These Questions?
You are already on the right track if you can answer yes to the following questions? Are you currently employed (either for someone or self employed)? Do you have a good idea what your home is worth right now? Do you know what you owe on your current mortgage? Do you have at least 10% equity available?
If the answers to these questions is yes then you should contact me right now as there are many good discounted mortgage loans available, even with an imperfect credit rating.
But, if you answered no to any of the above, don't worry, there are many options that we can discuss. In either case, the only way to find out exactly how we can help you is to use my free consultation option. Call or email for your free, no obligation mortgage consultation. Give me a call today, you'll be happy you did.
