Monday, August 23, 2010

Building Your Business in the Month of August (Tips for Realtors)

August is traditionally a slow month in the real estate market. This August is no exception. A lot of people are on vacation and taking time off to be with family. But just because fewer people are buying real estate, doesn't mean you have to shut down your business. Sure, it's a good idea to take some time off too, to enjoy the warmer weather and spend some time with the kids before they go back to school (yikes!! - just 2 more weeks till the end of summer!@#&&**).

BUT, it's also wise to use some of the time to develop your tools, systems AND the relationships you have with other professionals that help you to operate your business during the busier months. By taking the time to retool and develop new relationships now, you will be more productive and competitive when the market picks up again. So how is your relationship with your current mortgage supplier. Are you satisfied with the service you have been getting? Do you have a mortgage supplier? If not, now is a good time to fix that. You may have a little extra time this month to meet with mortgage brokers and most mortgage brokers will probably have extra time to meet with you too!

In case you don't know me, let me tell you a about myself...I handle residential and commercial mortgages and I enjoy a challenge. I am quick to respond to all inquiries and I always follow up, good news or bad. You can count on me for service and I will always give you the straight goods.

One of my favourite thing to do is find great mortgages for people who don't qualify at the bank. Click here to watch this recent video about a mortgage (at a rate of 4.35% rate) I got for an applicant who had no proof of income and no credit.

Whatever your mortgage challenge, give me a call. I look forward to hearing from you!

David Grossman MBA
The Mortgage Mensch
Tel: 416 876 2031

Sunday, August 15, 2010

Just because you've been declined for a mortgage at the bank, it doesn't mean you'll end up paying exhorbitant rates and fees...

Watch the video below for the full story...

Call David Grossman at 416 876 2031 or visit for more information. Get the service and attention you deserve!

I've said it before - "just because you're declined for a mortgage at a bank, doesn't mean you'll end up paying exhorbitant rates and fees to get a mortgage." This self-employed applicant was unable to prove income (he was 2 yrs behind on his tax filings) and his credit was ruined due to a marriage break up.

We took steps to prove to the lender that he had an active business, showing them contracts and bank statements to prove he could carry the loan, and they loaned at aggressive rates, 4.35% for a 2 yr term.

Call me for help finding your best mortgage solution. I look forward to hearing from you.

David Grossman
Tel 416 876 2031

For more information visit

Saturday, August 14, 2010

With as little as 5% down, regardless of credit, "lease to own" may be your solution

Purchase or refinance with as little as 5% down, regardless of credit. Lease to own while you rehabilite your credit. For more information call David Grossman at 416 876 2031 or visit

David arranges mortgage, and Lease to Own solutions, in Ontario Canada.

I recently had several queries from realtors about lease-to-own financing so I decided to send out a product refresher. Also, I want to highlight two very important points below!!!

i) Your buyer gets to choose the property s/he wants to lease, and

ii) You (the realtor) will act as the buyer's agent in the transaction and receive compensation as you normallly would when representing any buyer.

Who needs lease to own financing?
People who have damaged credit and cannot qualify for a mortgage today. With lease to own financing your client chooses the property they want to buy. They should have at least a 5% deposit and they must have solid, provable income.

How does it work?
Your client will lease the property for 2-3 years during which time they can rebuild their credit so they will eventually qualify for the mortgage they will need to buy the property at the end of the term. Their original deposit plus approximately 20% of the monthly lease payment is applied towards the down payment when they exercise the purchase option.

What is the process?
First we prequalify your buyer to establish a maximum purchase price. At the same time, we match your buyer with one of our investors.

Who buys the property?
An investor will buy the property. You shop for a property with your client and they choose the property they want to buy. You let me know when you are ready to prepare an offer - at that time you be introduced to the investor whose name will go on the offer. You, the realtor, will represent the buyer/investor in the transaction.

For more information watch the video interview or call me, David Grossman at 416 876 2031.

Whatever your mortgage query, I look forward to hearing from you!


David Grossman MBA
"The Mortage Mensch"
Community Financial Group
Tel: 416 876 2031
website: http:///

Residential, Commercial, Industrial, Investment properties.

Friday, August 13, 2010

Get Unbiased Financial Advice from EES Financial Services

The vast majority of "Investment Advisors" in Canada are also "salespeople" who stand to make a buck everytime you buy an investment product. EES are different. They sell time only, Watch this video to find out more.

Contact Jason Heath, CFP, B.A. (Hons) Econ. Consultant at:
Tel. (905) 471-1337 ext. 240 or
Toll free 1-866-590-0001 ext. 240
* Mention you saw this video on the web and receive a special gift

For mortgage solutions contact:
David Grossman, MBA @ tel: 416 876 2031
or visit: for more information.

Thursday, August 12, 2010

Canada's 1st Bankruptcy Museum w/trustee Cyril Sapiro

What is the difference between a consumer proposal and a bankruptcy? What is the long term impact of a bankruptcy on your credit? Trustee Cyril Sapiro discusses these topics and more on The Money Show with David Grossman a.k.a The Mortgage Mensch.

To contact Cyril call 416-486-9660 or visit for more information.

For mortgage information call David at 416 876 2031 or visit for more information.

Wednesday, August 11, 2010

Who Needs the Bank

The Bank told the client he had bad credit, but they didn't explain what the problem was or how to fix it. The client felt dejected and didn't know what to do...

When it comes to something as important as your mortgage, are you getting the service you deserve? Call me, David Grossman, The Mortgage Mensch, for the service and the personal attention you deserve, at 416 876 2031, or visit my website at

Monday, August 9, 2010

Who Needs the Bank #2; This is how the bank treats its employees?

"If this is the kind of service the bank gives its employees, what kind of service does it give its customers?" For the service and personal attention you deserve, call David Grossman, The Mortgage Mensch at 416 876 2031 - licensed to arrange mortgages in Ontario, Canada. For more information visit

Sunday, August 8, 2010

How to get a mortgage after a bankruptcy

David Grossman is licensed to arrange mortgages in Ontario, Canada. Call 416 876 2031 or visit for more information.

Saturday, August 7, 2010

First time buyer mortgage requirements

David Grossman MBA is a mortgage specialist in Toronto, Canada. Visit website for more info or call 416 876 2031.

Friday, August 6, 2010

Mortgage basics / terminology

For more information call David Grossman at 416 876 2031 or go to to visit website.