Freedom Capital

  In today's dynamic Canadian real estate market, understanding your mortgage options is crucial. Whether you're a seasoned investor, self-employed professional, or new to Canada, this guide will help you navigate the diverse landscape of mortgage products and financing solutions available to Canadians. Commercial Lending and Property Investment Mortgages For entrepreneurs and investors, commercial lending and property investment mortgages offer opportunities to expand business operations or build a real estate portfolio. These loans typically finance the purchase or refinancing of income-producing properties such as office buildings, retail spaces, or multi-unit residential complexes. Key considerations for commercial and investment property mortgages: Longer amortization periods (up to 25 years) Higher down payment requirements (often 25-35%) More stringent qualification criteria based on property income potential Second Mortgages (2nd Mortg...

  Owning a home in Canada is a dream for many, but traditional financing options might not always fit your specific needs. Freedom Capital offers a variety of mortgage solutions to help you achieve your goals, whether you’re a self-employed individual, looking to invest in land, or building your dream home. Access Your Home’s Equity: Second Mortgages: Unlock the potential of your home’s equity with flexible second mortgage options. Enjoy competitive rates and repayment terms tailored to your financial situation. Financing Beyond Traditional Banks: Alternative Lending: Explore alternative lending solutions designed for unique financial situations. Benefit from competitive rates, flexible terms, and personalized service. Tailored Mortgage Solutions: Private Mortgages: Enjoy discreet funding solutions with private mortgages . Get personalized terms and quick approvals based on your specific property and financi...

  For many Canadians, the dream of homeownership or growing a business can be hampered by the strict criteria of traditional lenders. Fortunately, a robust alternative lending market exists, offering a wider range of options for those who may not qualify for a conventional mortgage. This article explores the world of alternative lending solutions in Canada, focusing on commercial and private mortgages, and home equity financing. Understanding Traditional vs. Alternative Lenders Traditional lenders, such as major banks, offer competitive interest rates but have stringent qualification requirements. These typically involve a minimum credit score, a healthy debt-to-income ratio, and stable employment. For those with lower credit scores, self-employed income, or complex financial situations, traditional lenders may decline their application. This is where alternative lenders step in. These institutions, which include credit unions, mortgage investment corporations (MICs), and pr...

  On a brisk autumn evening in Vancouver, the local community center buzzed with anticipation. Homeowners, financial advisors, and real estate professionals gathered for a town hall meeting to discuss the latest federal regulations affecting second mortgage lending practices. As the moderator called the meeting to order, Sarah Chen, a 42-year-old small business owner, stood up with a mix of hope and concern in her eyes. "Two years ago, I used a second mortgage to expand my bakery," Sarah began. "Now, I'm hoping to do the same for my new café venture. But I've heard whispers about new rules that might make this more challenging. Can someone please explain what's changing and how it might affect entrepreneurs like me?" Sarah's question resonated with many in the room, highlighting the far-reaching impact of Canada's evolving mortgage landscape. Indeed, the Canadian federal government has recently introduced a comprehensive set of regulations th...