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Updated about 7 years ago on . Most recent reply

User Stats

13
Posts
2
Votes
Nancy Webb
  • Rental Property Investor
  • Ottawa, Ontario
2
Votes |
13
Posts

Out of Country - looking for financial institute for mortgage

Nancy Webb
  • Rental Property Investor
  • Ottawa, Ontario
Posted

So, after 2+ months of being told there would be no problem getting a mortgage but would need to be a commercial mortgage with 30% down, we heard today from the credit union  - we were turned down.

Looking for suggestions on a financial institution that will give us a mortgage for $45k - $50k for the rental property we have under contract in Pontiac.

We are Canadian & already own 2 sfr income properties in Warren, Mi.

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