Large Second Mortgage, Kelowna, BC
A recently married couple living in Kelowna, BC was looking to refinance their home in an effort to reduce their monthly payment and payoff considerable debt she has accumulated through property taxes in arrears and multiple running credit card balances.
Mark received the couples’ application and was able to get started working on refinancing for the couple immediately. Sergio was able to arrange a new large Second Mortgage for $450,000.00 which set their loan-to-value 65% and their credit scores were 517 and 732.
Small First Mortgage in Red Deer, Alberta
A widowed retiree in Red Deer, Alberta needed to have her roof replaced immediately and was looking for funds to do so as she was on a fixed income. She heard about One Stop Mortgage Corp. from a relative and decided to call the toll free number.
Saverio was connected with the client and was able to quickly arrange a small First Mortgage in the amount of $25,000.00 which set her loan-to-value at 12.50% and her credit score 602.
Large First Mortgage in Vancouver, British Columbia
An experienced builder was looking to purchase a property in the west-end of Vancouver, BC to renovate and relist on the market. He had previously worked with One Stop Mortgage Corp. and received funding for a project and was looking for similar financing.
Sergio was his broker previously and received the new application as well. After looking through the project details, Sergio provided an offer for a large First Mortgage in the amount of $810,000.00 which set the client’s loan-to-value at 25.31%. The builders credit score was 765.