In this episode of Niche Lender, Adam talks with Daniel Vyner from New Haven Mortgage.

Vist thefd.ca to find out more.

Key points

• Today we are focusing on 2nd mortgage lending.
• 2nd mortgage lending focuses on the property. It’s good for clients that might have holes in their income either from unemployment or retirement or having declared a loss.
• What are the costs and loan to value for this service?
  • 85% Loan To Value
  • Our 2nd mortgages are anywhere between 8.99 to 12.99.
• A 2nd mortgage is always a stepping stone solution for something that is coming in the future.

Live Niche Lender episodes are LIVE in the I Love Mortgage Brokering Facebook group (private) Wednesdays at 10 am. If you have questions about the space you can ask them during the recording.

Contact Adam and The Funding Department

Web: www.thefd.ca

Email: [email protected]

Phone: 1-604-309-2277