Joining our team in 2017, Ryan MacNeil’s experience includes management of a $100MM consumer goods portfolio covering national retail accounts, and extensive data analysis experience in both sales & finance. His proven record in sales management will help further drive Graysbrook’s growth in Atlantic Canada.
Broker Scenario #1 Retirement Consolidation Problem: Clients looking to refinance home and consolidate some of their debts to get ready to downsize as they are retiring. They wanted to include partial payments as their income is changing and they plan on selling home in the next year. Graysbrook Capital Solution: We approved the deal, but…
DetailsBroker Scenario #1 Blanket Mortgage Construction Problem: Client is building home for his son and was 50% complete, but needed funds to complete the build. Client needed $125,000 on closing and an additional $30,000 to complete, without a traditional draw structure. The client was willing to put a blanket mortgage on three other pieces of land…
DetailsBroker Scenario #1 Divorce – Separation of Assets Problem: Client wishes to take his ex-spouse off title and pay off debts. Ex-spouse wishes to purchase her own property and needs to be removed from title of marital home. Client has not completed personal tax return for 3 years, so banks will not approve. Graysbrook Capital Solution:…
DetailsBroker Scenario #1 Commercial CRA Debt Problem: Client is self employed & owns 3 commercial properties. Clients wish to retire and all three properties are for sale. Clients owe $90,000 in back taxes and wish to pay debt before properties are sold. There is a small 1st on one property, other two are owned clear. Graysbrook…
DetailsBroker Scenario #1 Purchase Land Problem:Client is looking to purchase a piece of land and build a home. The purchase price of the land was $60,000, and the client had $30,000 to put towards the purchase. The clients were turned down by the banks. Graysbrook Capital Solution: The broker called to see if there was…
DetailsBroker Scenario #1 Blanket Mortgage Problem: Client is looking for funds to pay substantial CRA debt. Insufficient equity in primary residence to complete the mortgage. Graysbrook Capital Solution: Client owns a second rental property with a small mortgage against it. Adding the second property to the scenario provided sufficient equity to complete the deal and…
DetailsBroker Scenario #1 Construction Problem: A 6-unit town house construction mortgage with 3 draws. Client ran short of funds near end of build. Broker had pre-approved take out well above our mortgage but only after the lien period expired. Graysbrook Capital Solution: We advanced another 10% and placed restrictions on the lien holdback. Broker Benefit:Client was…
DetailsSAINT JOHN’S (Newfoundland), January 19, 2016 – Graysbrook Capital, a licensed private equity mortgage lender based in Nova Scotia and New Brunswick announced today that it would be expanding its services to Newfoundland. The company, which is recognized as a leader in the Maritimes for providing private mortgage funding, has been operating in the three…
DetailsJoining our team in July 2015, Cindy Geldart brings with her 15 years of experience in customer service and accounting. Cindy also brings great organizational skills, an outgoing personality, and a friendly face to the Graysbrook Capital family.
