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?
Are you looking to build a home for your growing family or looking to develop a multi-unit property, but the bank has turned you away? Are you unsure of your next step, or even if construction is even possible? That is where Graysbrook Capital comes in.
Are you in CRA debt and are looking to solve it? Or maybe you are looking to renew your mortgage with a traditional lender, but your CRA debt is holding you back. Whatever the reason, whatever the debt – Graysbrook Capital wants to help!
If you are planning kitchen and bathroom renovations, roofing, windows or doors replacement, or simply updating fixtures and flooring, you might need to secure financing first. If you are looking to downsize, but don’t have cash flow for investing in a renovation, Graysbrook Capital can help you leverage your home equity to finance renovations.
Downsizing is a decision that many will ponder at some point in their lives, but often it is hard to know whether this major move is the right move for you and your loved ones. A decision such as this can make life easier and more enjoyable, but only if done when you are truly ready. While the reasons may vary, there are six signs that downsizing may be in your near future.