SPECIALIZED SOLUTIONS
YOU HAVE OPTIONS
Let James show you where to start
Reverse Mortgages
2nd Mortgage
Investment and Vacation
Debt Consolidation
Commercial Mortgages
Reverse Mortgages
Thinking about using your homequity do accomplish some of your goals?
You now have a choice when it comes to Reverse Mortgages… and we know it just feels better when you have options. Your reverse mortgage must be repaid when the last remaining homeowner leaves the home, which generally happens through sale of property where the proceeds are used to pay back the loan. You can use a reverse mortgage for things like
Paying off debt Covering everyday expenses Making renovations Supporting your family Paying for in-home care Investing
James is a Reverse Mortgage Specialist, knows all the aspects of this progam and will happy to walk you through it.
Second Mortgage
What is a Second Mortgage?
If you’re a homeowner, a second mortgage could be useful for you to finance large purchases such as a new vehicle, college, or even a down payment on a second home.
The Second Mortgage program gives you additional flexibility of allowing a second mortgage to be registered against your property. This loan will be made in addition to your primary mortgage.
Second mortgages often have interest rates that are slightly higher than first mortgages, but lower rates than a credit card payment or a personal bank loan. James is knowledgeable with the different programs available and is sure to find you the best interest rates for your second mortgage.
Investment and Vacation
What’s the Difference between a Vacation and Investment Home?
With a Vacation / Secondary Home Program, James will help you purchase a second home with an affordable payment.
A secondary home becomes an investment property when you decide to rent it out for the majority of the year.
Whether you want to finance a Vacation Home or an Investment Property, James has the knowledge to set you up with the best mortgages and interest plans.
Debt Consolidation
Debt consolidation is a debt repaying strategy
Moving your outstanding credit balances to one low-rate payment could save you money and time.
If you have:
Multiple Credit cards or Loans
Low Credit Score Leverage the Equity in your home Improve cash Flow
If you have been refused a consolidation mortgage due to:
Low Credit Score Not enough equity Limited income CRA or bank judgments or liens registered on property
CRA or bank judgments or liens registered on property
James has tools, resources to support developing a custom plan to help you be successful with money.
Commercial Mortgages
What is a commercial mortgage?
Commercial Mortgages are designed for businesses and investors who wish to purchase or refinance commercial, income-producing properties and offer a flexible way to raise capital.
Some common commercial mortgage products provide funding for:
Income properties Multi-residential properties Bridge financing Restaurants Industrial properties Office properties Self-storage Retail malls Raw land financing Startups financing Debt consolidation
Each Office Independently Owned & Operated"
"Having been a skilled trades-person for 18 years, I've seen plenty of cases where people making a very good income are poorly treated by some lenders. I want to help put the people building homes, INTO homes."
James
Contact Info
Dominion Lending Centres
FC Funding FSRA#10671
London Office
1 Commissioners Rd East
London, ON N6C 5Z3
Phone: 647 617 7158
Email: james@bluecollarmortgages.ca