Alternative Sources of Credit

Are you primary income earner with a credit score of 600 or better, are you new to Canada, or you haven't had time to establish an extensive credit history?

Submit 12 months of Bank Statements with your application and we’ll use these to establish alternative sources of credit. We’ll look at things such as pay cheque deposits, regular monthly bill payments, rent payments, etc.

This works best if you only have one primary bank account.

Fax in 12 months of bank statements with the application and this will help save time!

Go to www.joemalek.com to get started.

Thank you

Joe Malek, Mortgage Agent #M08004649

Alternative Lending Is Alive

You may have heard a lot recently about scaling back 40 year amortizations and dropping LTV caps.

But what you may not have heard is that 40 year amortization and 100% LTV financing is alive and well in Canada, and we are positioned to help you find the alternative lending solutions you need.

As a recap, here are some of the features and benefits we have available to help you today:

• 100% Loan to Value Financing - for Beacon scores down to 640
• 40 year amortizations – for no additional premium
• Open Mortgage option – allowing you to pay out with no penalty
• Maximum TDSR of 50% - with 680+ Beacon scores
• Business For Self program with add backs - up to 100% LTV
• Preferential pricing – Larger loan amounts qualify for better rates and improved affordability
• Express Close – allows for closing in your home
  

If you don’t fit the regular bank guidelines then why not try alternative lending products? It’s easy, just visit www.joemalek.com and apply online to get started.

Joe Malek, Mortgage Agent # M08004649