Morgages We Recently Funded With Our Brokers
Lending Guidelines
Recently Funded
Approved Appraisers
Call Us When The Banks Says ‘No’
The bank has Several reasons to say no:
- Income unsatisfactory
- Credit Issues
- Down Payment/Equity is Borrowed
- Property Type/Zoning Unusual
- Location Issues
- CRA Tax Arrears
- Use Of Funds
The list goes on. But we’re here to help you find creative solutions- to helping you get your clients into their home.
Recently Funded First & Second Mortgages
Edmonton, AB
First Mortgage
Shelter Lending has funded $345,000 as 1st mortgage with a 75% LTV
Purpose: Purchase for a Business For Self borrower with under 2 years of income history.
Calgary, AB
First Mortgage
Shelter Lending has funded $468,000 as a 1st mortgage with a 75% LTV
Purpose: Purchase of clients first home. New professional employment with good income, but not enough time on the job for traditional approval.
Fort Saskatchewan, AB
First Mortgage
Shelter Lending has funded $310,000 as a 1st mortgage with a 75% LTV
Purpose: Client needed the funds to consolidate debt and clean up credit.
Edmonton, AB
Second Mortgage
Shelter Lending has funded $85,000 as a 2nd mortgage with a 65% LTV
Purpose: Debt consolidation loan required after borrower completed renovations on home.
Campbell River, BC
First Mortgage
Shelter Lending has funded $230,000 as a 1st mortgage with a 45% LTV
Purpose: Consolidation loan to help borrower after work place injury, but now back on their feet.
Kelowna, BC
Second Mortgage
Shelter Lending has funded $32,000 as 2nd mortgage with a 55% LTV
Purpose: Borrower required additional funds to payout debts behind a CHIP mortgage.
Victoria, BC
Second Mortgage
Shelter Lending has funded $280,000 as a 2nd mortgage with a 75% LTV
Purpose: Client required funds to help build a carriage home on the existing property.
Surrey, BC
First Mortgage
Shelter Lending has funded $780,000 as a 1st mortgage with a 77% LTV
Purpose: Refinance of newly constructed home to pay out construction financing loan.
Winnipeg,MB
Second Mortgage
Shelter Lending has funded $65,000 as a 2nd mortgage with a 75% LTV
Purpose: Debt consolidation loan required after a marital break up.
Winnipeg,MB
Second Mortgage
Shelter Lending has funded $52,500 as 2nd mortgage with a 75% LTV
Purpose: Debt consolidation loan after work place injury.
Lending Guidelines
Curious about our typical interest rates and what qualifies?
Interested In Investing?
Individuals interested in investing in either fund can learn more through Northern Alliance Trust.
Questions About Using Shelter Lending As An Alternative Lender?
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