Our Lending Matrix
Mortgage Solutions
We offer a wide selection of lending options that include:
- Purchase/Refinance
- Equity-Take-Out
- Bridge Financing
- Collateral or Blanket Mortgages
- Debt Consolidation
- Home Renovations
- Mortgage/Condo/Property Tax Arrears (paid from proceeds)
- Power of Sale
- CRA Arrears
- Title Transfers
- “Rent-to-Own” Purchase Financing
- Payout Consumer Proposal
- Payout Bankruptcy
- Spousal Buy-Out
- Discharge Liens or Judgments et al.
Purchases
Do you have a client looking to purchase a property but may be short on a sufficient down-payment?
In terms of down payment, we accept the following:
- The down payment may be equity from another property. Please note that secondary financing may be permitted up to 100% Loan to Value (LTV) behind our maximum approval
- Gift of Equity (Non-Arms Length Accepted)
- Borrowed Funds
- Builder’s Credit
- Accumulated Rent Credit
- Sweat Equity
- Bridge Financing
- Vendor Take-Back or Secondary Financing
*Please note: New Haven does not require the client to show a 90-day history in their bank account*
Additionally, the down-payment for this type of loan can be borrowed. If there is insufficient equity in the subject property we will accept satisfactory additional security otherwise known as a collateral mortgage.