Since 1993
Mortgage Alliance Finmor Team is
your one-stop professionals.
Whether buying your 1st home or refinancing an existing one, you’ll find the suitable mortgage with great values. Reputable Professionals with great professional background are at your service with more than 25 years of Banking and Mortgage industry experience.
Residential Mortgages
Residential Mortgages consist of a loan that one or more persons receive in order to buy a house or any other residential property in which they will live in. The loan is secured by a lien on the property. After a loan is secured by a security interest in one or more assets, the borrowers repay it over a specified amount of time.
Mortgages for people with derogatory credits
A derogatory credit is an item that is considered negative and represents credit risk to lenders. This will have a significant effect on the ability of a person to obtain a loan or a mortgage.
Commercial Mortgages
A commercial mortgage is a mortgage loan secured by commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.
Equity Transfers and Take Outs
The Transfer of Equity refers to the process where the ownership of a share or interest in a property is transferred from one entity to another. An example of this is when property owner may transfer equity to their children or other family members in order to manage their tax liabilities.
Mortgage for Self Employed, Professionals and New Immigrants
The mortgage application process for self-employed professionals is quite similar to the regular application process. You will still receive a quote, fill out an application, sign some paperwork and provide the necessary supporting documentations.
Equity Line of Credits
An equity line of credit is a secured form of credit. This is when the lender uses your home as a guarantee that you will pay back the money you borrow.
Refinances and Switches
Refinances occurs when there is a re-evaluation of entities credit terms and credit status. Loans that are typically considered for refinancing includes mortgage loans, car loans and student loans.
