We are a private money lender/broker that finances real estate transactions, i.e. purchase, refinances, 1st and 2nd mortgages, based on high equity of the borrower that for some reason does not qualify for a conventional loan. Due to the current problems in the credit markets the demand for private money lending has increased exponentially. These loans are financed by a private investor base instead of institutional lines of credit.
Now is a great time to invest in equity rich British Columbia mortgages. With interest rates at record lows- bank savings rates have substantially diminished. GIC’s that used to pay 6% now pay 0.5%. Savings and retirement accounts that are sitting in regular accounts are generating no income.
We having borrowers paying investors 9% and higher secured by choice properties primarily in the Victoria/Vancouver Area. Many people are investing their savings, retirement and L.O.C. funds. They are perfect for people looking for a monthly fixed income! Please contact us if you are interested in participating in this exciting opportunity.