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905.537.8815 FSCO No. 10420
Banks and "A" Lenders pay us for your residential service. EXCEPT bad credit mortgages, some self employed mortgages from "B Lenders", private mortgages or multi-use and commercial loans - broker fees are payable by clients. Lenders change their products and interest rates without notice.
..... follow me to get mortgage updates ... Marie Copeland @AxcessMortgage
Hamilton, Stoney Creek, Grimsby, Niagara, Binbrook, Ancaster, Dundas, Burlington, Milton, Oakville, Mississauga, Toronto, Markham and Ontario.
Mortgage loans business owner help when self employed less than 3 years. You can buy a home with 15% down without proof of income on your tax returns. Or, you can refinance home mortgage up to 80% depending on your overall application details.
Consider Ryan's story -- a documents courier new in business. He started his small business just a few months before he qualified for a mortgage.
Ryan worked for different courier companies for several years – then he got hurt on the job and ended up on sick leave paid by Workers Compensation. But, he dreamed of owning a business of his own as a documents courier - he wanted to be a small business owner and will need a mortgage for small business owners.
Over the years Ryan had satisfied customers -- he was sure that once he hung up his own shingle, some of them would use him. After all, he's an experienced and a hard working people person and ready to be self employed.
He decided to register a business himself. He found the online incorporation process fast and easy saving him hundreds of dollars in legal fees. He registered online and was all set to go !
Ryan's next step was to start a web business to support his courier efforts and get a business owner mortgage.
Can his small internet business become global?
Ryan needed a platform to give him the tools to grow his business -- SBI has it all in one place!
While rehabilitating, he started his small internet business as a documents courier, making money on internet -- although too early to predict the business potential of the online business income, one thing was for sure, the website traffic started to explode!
Ryan was under a lot of stress and thought his chances of getting a business owner mortgage were slim.
During the two years he was rehabilitating from his accident, there were other changes in Ryan's life affecting his decisions. He and his wife were separating, selling their home, dividing assets and sharing the custody of their children.
This meant he needed a home to live in for himself and his daughters who were with him half of the time.
But, does he qualify for a business owner mortgage ?
At a glance his situation seemed bleak -- privately, he doubted he could get a mortgage for business owner but thought he would ask, just in case.
He left his job few month earlier, his WSIB income has run out and his self employment income was not regular as yet.
Getting mortgage loans business owners' dilemma -- just ask any small business owner.
After taking Ryan's application, I could see that this client could be a candidate for mortgage loans business owner alternative mortgage financing from "B" lenders.
It's a good solution for individuals who cannot prove income on their tax returns. We have mortgage broker channel lenders who will consider this type of applicant by reviewing the business bank account cash flow. Usually most recent 6 months' bank transactions supported by client invoices could be relied on to determine annual income.
So here you have it – from what at first looked like a bleak future to an exciting new business and a home with the help of a mortgage when self employed less than three years.
Mortgage loans business owner's dreams come true.
If you have credit problems but have a larger down payment, take a look at Hamilton Home Equity Loan Approvals. This is also where alternative mortgage financing and Private Lenders can be of help.
As brokers, we charge a fee for alternative and private mortgages. This fee is payable to us on closing from the mortgage advance of funds.
Each situation is unique and needs a correct assessment so give me a call and I will put my knowledge and experience to work for you.
No need to wait.
If you are new in business why not see if you qualify to buy your dream home now -- or refinance home equity mortgage on your existing home with a mortgage for small business owners.
Marie Copeland FSU, Mortgage Brokers Hamilton Ontario
Marriage separation mortgage. Ask me if you qualify for marriage breakdown financing at 95% of value.
Starting your own small internet business making money on internet -- and, take your business global.
You must register a business to fit a mortgage loan business owner program. Online incorporation process is fast and easy. You'll save hundreds of dollars in legal fees with online article of incorporation registration.
Call 905.308.8063, or
Thank you for reading about mortgage loans business owner help when less than 3 years in business. Help me spread the word about this mortgage program to help your family and friends new in business.
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