Recently Funded Mortgages
Mortgage Consolidation $487,500
Funded in May 2023 to assist the clients to consolidate their existing first mortgage and second mortgage into one mortgage at a much lower mortgage rate.
New Construction Mortgage $595,000
Funded the brand new construction mortgage in April 2023. We followed through the application for 2-1/2 years, as the builder delayed the closing 3 times for 11 months.
Reverse Mortgage
$334,000
Funded in April 2020 on a condo townhouse in Toronto for a retired couple through a Schedule 1 Bank. No income used, no lender fee, no future monthly mortgage payments.
Mortgage Refinance $700,000
Funded in June 2022, refinance an existing mortgage on a house in Waterloo, Ontario for equity takeout (ETO). Successfully funded by a Schedule 1 Bank with no lender fee.
Private Second Mortgage $130,000
Funded Mortgages in May 2022 on a condo townhouse in Toronto, behind an existing first mortgage, funds for debt consolidation, income not used, closing within 2-1/2 weeks.
Reverse Mortgage
$334,000
Funded in April 2020 on a condo townhouse in Toronto for a retired couple through a Schedule 1 Bank. No income used, no lender fee, no future monthly mortgage payments.