Yes. In fact, this is a common use of a mortgage loan. Many of our customers obtain a mortgage to consolidate credit card debt, renovate their kitchen, or invest.
Private lending or a private home mortgage means getting the financing you need from a private mortgage lender, as opposed to applying to a bank or other financial institution for a loan.
Applying for a mortgage shouldn’t be hard or confusing,
Why should I choose a Mortgage Broker at Rampone-Marsh Mortgages instead of a bank?
Most banks focus on such a wide variety of projects and cross selling opportunities that their staff training is diluted and not focused. At Rampone-Marsh Mortgages, we provide excellent mortgage services for purchases, refinances, renewals and the list goes on. We know mortgages inside and out, and best of all we do all of the legwork! In most cases, our services are free and we have access to over 50 lenders.
What kind of clients do Mortgage Brokers work with?
Rampone-Marsh Mortgages works with homebuyers and homeowners from many walks of life.. These clients include:
- First time homebuyers
- Existing homeowners
- Credit challenged homeowners
- Self-employed Borrowers
- Construction mortgages
- Vacation properties
- New to Canada