FEATURED DEAL | Uninsured
This deal features the refinance of an owner-occupied property by a couple with bruised credit and very high credit utilization.
This deal was approved in one of our many new lending areas!
Download the compete list of approved Ontario lending areas here.
- 59% LTV
- Refinance of owner-occupied property
- Main applicant: employed full-time in a professional occupation for three years
- Co-applicant: employed full-time in a labour occupation for 1.5 years
- At current residence for eight years
- Single family house
- Stayner, ON
- Main Applicant: 554 Beacon, 2 recent R2s, very high credit utilization
- Co-Applicant: 631 Beacon, 1 recent R2, very high credit utilization
- APPROVED at 59% LTV with 30-year amortization.
- 1-year term at 4.5% with 1% administration fee deducted from the advance.