Debt Consolidation Options
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.
CRA and Tax Debt Solutions
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!
Graysbrook Broker Solutions: May 2016 Edition
Broker 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…
Graysbrook Broker Solutions: March 2016 Edition
Broker 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…
Graysbrook Broker Solutions: February 2016 Edition
Broker 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…