It is good to know how much equity you have in your home if you’d like to apply for a home equity mortgage loan. There are a few ways you can ballpark this is you have owned your home for more than a few years.
BMC Mortgage & Investments Ltd. is an Edmonton-based private equity firm that originates and administers private mortgage brokers in north and central Alberta. With over 40 years of lending experience, BMC Mortgage & Investments Ltd. can provide financing when traditional sources cannot. As long as you have built up equity in your home, we can help to find you the financing that you need, even with bad credit.
As equity lenders and mortgage brokers in Alberta, BMC Mortgage & Investments Ltd. is primarily concerned with the value of the real
estate that is securing its loan. As such, ALL property types and situations will be considered if you have built home equity.
Most people believe that they cannot get a bad credit mortgage. The fact of the matter is that many lenders are open to helping people with low credit scores or people who can prove they are improving them.
If you’re considering mortgage refinancing after bankruptcy, you may not know where to start the refinancing process. Here are several questions you can ask your mortgage broker. Call us today to have your questions answered.