The Bank of Canada’s decision to raise interest rates for the fifth time this year is having a big impact on the mortgage market. With rates increasing, more borrowers are turning to private lenders for their financing needs. Why Private Lending? With the narrowing of interest rates between traditional lenders and private lenders, it may…
The later years of life often means retirement, and enjoying the time that it affords us. Whether it’s getting caught up on your ‘To Be Read’ pile of books, or getting more time with your family, retirement can be an amazing part of life. Are you ready to reach this stage of life, and are…
The journey towards owning your own home can be circuitous for some folks. Qualifying for a mortgage becomes almost an insurmountable task when we consider the hoops to jump through when dealing with some traditional lenders. So what is your best option if your bank says no? Working with a mortgage broker has many advantages,…
The real estate playing field has changed in the last 12 months, and Atlantic Canada is no different. Where we used to save up for vacations, there are those of us who are trying to find new ways to invest our resources. You may find yourself looking for ways to put your money to good use. With multi-unit commercial lending from Graysbrook Capital, you can do that.
For a moment, it seemed like everyone was flipping houses for a profit. While the idea of flipping houses can be tempting, there is a lot more to it than “Find It, Buy It, Fix It, Flip It”.
Sometimes it seems as though some debts will follow us around forever, causing us issues with cash flow, paying bills, and improving our credit. With the right products and the right help, debt can be surmountable.
As business professionals, we love to see the results of hard work. Seeing business growth and expansion has us always chasing the next opportunity. If your path is leading you to the world of commercial development and/or commercial property management, Graysbrook can help! For apartments and mixed use commercial spaces, Graysbrook can help with loans…
Sometimes life can throw you curveballs, and traditional lenders may not be able to help. Bridge financing is a short term loan designed to bridge the gap when traditional lending doesn’t work, perhaps in the event of unexpected debts, or down payments and equity for homes between sales.
Obtaining a mortgage through traditional avenues, without the same documentation that most salaried positions have access to, can be very difficult and time consuming for self-employed borrowers.
Does the idea of house flipping interest you? Do you ever dream of knocking down walls or picking out fresh flooring? Maybe you’ve seen a house for sale or a foreclosure that seems to be calling your name, but you just don’t know where to start or if you can afford this next adventure?