Are you a real estate investor in search of better options for mortgage financing other than using private money or a-lenders? These days, many of our real estate investor clients are using private lending money to help them close on properties… But is there a better option?
In this video, I chat with Jesse Bobrowski, a partner at Calvert Home Mortgage Investment Corporation and vice president of Business Development.
Calvert Mortgages is the biggest private lender we know, with $330 million out there in loans. And unlike the banks, Calvert loves rough and ugly properties, and Investors love Calvert Mortgages because their turnaround is fast.
Jesse shares how Calvert Mortgages helps real estate investors solve financing problems and empowers real estate investor borrowers to make excellent financial decisions so that they can be more profitable.
Key Moments In This Episode ======================== 2:03 - Private lending vs. Calvert Mortgages 4:50 - What the mortgage investing market looks like right now 7:55 - Factors Calvert mortgages consider before approving a loan 11:37 - Difference between Calvert Mortgages and A-lenders 14:22 - How Calvert mortgages lend with as little as twenty thousand dollars down 17:33 - Worst-case scenario for a borrower who’s unable to fulfill mortgage obligations 19:44 - Fees incurred with mortgage default 22:30 - Low, high and average Mortgage rates in today’s environment 24:38 - Mortgage vs. personal credit reports 28:36 - What private lenders should beware of 29:18 - Who Calvert mortgages lend to
If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.
Don’t forget to subscribe to my channel for more videos on Canadian real estate and tax-saving strategies so you don’t miss a thing!
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Please make sure to speak to a professional that knows your personal situation before making a decision.
If you need to talk to someone on my team, send us an email at [email protected]
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Real estate Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your legal and tax advisors to ensure you get the best personalized advice. The information contained in this video is for general information purposes only. The information is provided by ECRB Consulting Inc., RealEstateTaxTips.ca, Cherry Chan Professional Corporation and Cherry Chan. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the article or the information, products, services, or related graphics contained on the presentation for any purpose. Any reliance you place on such information is, therefore, strictly at your own risk. In no event will we be liable for any loss or damage, including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of or connected with the use of this information.
