Showing posts with label alternative mortgage lending. Show all posts
Showing posts with label alternative mortgage lending. Show all posts

Friday, November 26, 2010

Mortgage "Outside the Box"

Have you been working mainly in the domain of residential real estate but would like to expand your business?

Store and Apartment Financing @ 4.99%
Does your client need a storefront or office space to run their business? Why not consider a multi-unit investment, with a storefront or office space for the business, plus one or more apartments.
Financing on a store and apartment with 25% down is available at rates as low as 4.99% , with no proof of income required.

Multi-unit Residential Financing @ 3.25%
Looking for a good investment alternative to the stock market. Look no further than real-estate! You're probably aware that CMHC recently increased the minimum down payment requirement on a 1-4 unit residential property to 20%, but, the minimum down payment on a 5+ residential unit is still just 15%! And how attractive are mortgage rates on a CMHC insured 5+ unit residential property? They're way attractive, with 5-year fixed rate mortgage rate rates as low as 3.25%! That's better than the best available rates on a single family owner-occupied property!

Construction Mortgage @ 3%
Ready to build your dream home? I recently arranged financing for a couple who were building their own home at Prime (currently 3%). Forget about exorbitant rates and fees typical with construction mortgages, this was a sweetheart deal!

Do you need help finding you best mortgage deal? Call me at 416 876 2031. I look forward to hearing from you!

Sincerely,

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