Bridge / Wrap / Interim Financing
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| AKAL Mortgages is your BRIDGE / WRAP / INTERIM FINANCING SPECIALIST!!! | |
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High interest rates on credit cards, personal loans and unsecured lines of credit could mean that you're paying off very little of the actual debt you owe as most of what you do pay is just covering the interest. Worst of all, the longer it takes you to pay back your creditors, the worse your credit will become which in turn makes it more difficult to solve the problem! By consolidating those multiple monthly payments, AKAL MORTGAGES can reduce your monthly payments by up to 75%, and help you to pay off more of the principle of your debt with each payment.
- Strong Credit Second Mortgages starting as low as 7% (up to 90% appraised value).
- 800+ EQUITY products being offered in Ontario, specifically designed for those who are self-employed, have high debt service ratios, previous bankruptcies, current collections, and/or other difficult situations.
- Open Second Mortgages are fantastic for high cash flow clients!
- If you are seeking flexible borrowing, Secured Lines of Credit may be for you.
- No Income Qualifications for Debt Consolidations in Major Urban City Centers