Conventional Mortgage
A conventional mortgage is a loan that does not exceed 75% of the purchase price or appraised value of the home, whichever is less. This type of mortgage does not have to be insured against default. Whether you are ready to refinance your current mortgage or purchase a new home, Canadawide Financial has organized a Conventional mortgage program to provide financing for those who do not require high ratio financing.
For those who may not run a conventional business or whose true income is difficult to document, we have numerous lenders who will accept a self-declared letter of income, or whom offer no-income qualifier products. Our equity based lenders lend on the property and not on the client.
- Private no income qualifier loans for poor credit clients to 75% LTV
- financing to 75% LTV with no questions asked
- Power of Sale No Income Qualifiers to 75% with no questions asked
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