At PrestoMortgages, we know that owning a home is a life event. For over 35 years, we have been helping Bolton-area clients meet their homeownership objectives. We are an end-to-end mortgage brokerage and have programs for new home purchases, refinancing, second mortgages, equity mortgages, investment properties and more. PrestoMortgages’ specialization is in helping clients who traditional lenders will not cater to; i.e. self-employed individuals or clients with damaged prior credit history.
01. Solutions for Self-Employed and Damaged Credit
Your business in Bolton may be doing well, but because you’re self employed, the banks may give you a hard time. Or, you may have had credit difficulties and are on your way to recovery, but conventional lenders will not lend to you. This is where PrestoMortgages come in; we look at the full picture and arrange lending for you based on your affordability. So if you’re self-employed, have had a past bankruptcy, consumer proposal, collections, arrears, etc – speak with us, we can help!
02. Bolton’s Private Mortgage Expert
PrestoMortgages are the leading brokerage across Ontario for private mortgages; our Bolton team can walk you through the product and explain what a private mortgage entails. Private mortgages are an excellent alternative when a conventional lender will not give you the terms you want.
Bolton’s Private Mortgage Expert
PrestoMortgages are the leading brokerage across Ontario for private mortgages; our Bolton team can walk you through the product and explain what a private mortgage entails. Private mortgages are an excellent alternative when a conventional lender will not give you the terms you want.
Second Mortgages
A second mortgage is well used means to get cash out of your property. By mortgaging the equity portion of the home (i.e. the difference between what the house is worth and what you’ve paid down with your mortgage), you can release a fairly sizeable amount of money. This can help with reinvestment, life events or for debt consolidation. Speak with our experts in Bolton about exploring a second mortgage.
03. Mortgage Renewals
If your Bolton property’s mortgage term is up for renewal, PrestoMortgages can make sure that you get the best rate possible. If your credit has suffered since you first got the mortgage, or have missed payments – your current lender may not give you the best rate, or in the worst case, not renew. PrestoMortgages will make sure that your renewal is on the most favourable terms possible.
04. Mortgage Refinancing
Mortgage refinancing in essence, is almost like taking a second mortgage. In this case, you simply get a new mortgage to cover 80% of the appraised value of your home. What this means is that from your Bolton home or property, you can take out all the cash that you’ve paid in, plus property appreciation up to 80% of market value. This is great for helping you access funds quickly, whether you’re looking to reinvest the cash or need to pay for a life event, or require it to consolidate debt.
Debt Consolidation and Bad Credit Loans in Bolton
When you get caught in a cycle of high interest credit card debt it becomes almost impossible to pay down the principal because you are caught in high interest payments. PrestoMortgages have a large number of credit solutions for our clients in Bolton that can help you consolidate your debt into one smaller payment that is affordable and allows you the flexibility to pay off debt. Over time as you make payments, your credit will recover and your score will improve.
*Contact PrestoMortgages today to help with your Mortgage and Debt needs in Bolton! *
Directory of Mortgage Brokers in Pickering
The Brant Mortgage Centre Inc.
127 Charing Cross St. Brantford, Ontario N3R 2J2
DLC The Brant Mortgage Centre Group Inc.
16 Borden St. Brantford, Ontario N3R 2G8