Mortgage Services

Below is a brief overview of our services, but we encourage you to contact us directly and let us provide a tailor made plan to suit your individual needs.

Mortgages:
We provide a wide variety of options to suit all your mortgage needs. We offer the best rates and have access to over 30 financial institutions as well as a large pool of Private Funds. Self employed and not so perfect credit situations (ie: bankruptcy, divorce, power of sale, high debt load) are our specialty. Our programs include 100% financing for purchase or re-finance to consolidate debt.

Real Estate:
We have the contacts to help you get the home of your dreams and save money!

Lines of Credit:
We offer secured lines of credit for any purpose, usually at prime rate.

Credit Cards:
We offer secured visa to help establish or re-establish your credit with all the convenience and services you come to expect with a visa card.

So you (or someone else) thinks you have credit problems. Credit problems can cover a wide range of topics, something as simple as late payments on credit cards to foreclosure on your house. From several bounced rent cheques to a repossessed car. From poor job stability to bankruptcy.

Bad credit is in the eye of the beholder. Your current credit situation may prevent you from obtaining a mortgage at those wonderfully low rates you have seen advertised (or they may not). Credit problems do not necessarily mean you cannot get a great rate on your mortgage. We specialize in obtaining the best rate for you.

There are many private investors and lending institutions that will grant a mortgage based solely on the equity in the property being pledged as security for the loan.

2nd/3rd Mortgages:
Use the equity in your home to finance a dream home improvement project, to consolidate high-interest debt or for any other purpose.

Self Employed:

While there are many advantages to being self-employed, one of the major obstacles is the availability of credit to self-employed people.

Many lending institutions impose stricter credit criteria on self-employed people because they may not have the stable income of a salaried employee. Many do not understand the creative accounting procedures used by many entrepreneurs.

Obtaining financing for self-employed people can be as simple as refining your accounting procedures to provide financial statements in a format acceptable to lending institutions. Or you may have to approach an institution or private investor who understands the nuances of self-employment, and is prepared to advance a mortgage based solely on the equity of your property.

The Mortgage Department Corporation will work closely with you to ensure you receive the best available financing, suited to your individual needs.