Edmonton – 11/14/2020: Amansad Financial Services Inc. is a private lending firm based in Edmonton, AB. The company works under the Brokers For Life Inc. Team and provides private and alternative real estate financing options for Canadian residents who either through choice or due to bank or credit union refusal, opt to not go the traditional route for home financing.
Back in August, the CEO of the Canada Mortgage and Housing Corporation (CMCH), Evan Siddall, asked banks and mortgage companies to impose stricter criteria for and become more diligent when lending to borrowers. Canada’s national housing agency’s head expressed this concern in a letter to federal government officials and representatives of the country’s banking and credit union industry. He asked these organizations to stop offering over-leveraged first-time buyers higher-risk mortgages as they present a threat to the nation’s economy.
In this light, private mortgage lending firms provide both first-time home buyers as well as those who wish to refinance their existing mortgage an alternative route to owning property. In Canada, a bad credit score is anywhere between 300 and 574. The average credit score in the country is about 650.
When speaking about the firm’s private mortgage lending services, a senior spokesperson for Amansad Financial Services Inc. said “At Amansad Financial, we provide a fast, efficient, and friendly service for residents in need for alternative mortgage financing options. We do not conduct an initial credit check inquiry, and both our private mortgages and bad credit mortgages are based primarily on equity and the property itself, not our clients’ credit. We are renowned in Edmonton for our same-day response rate, irrespective of credit history.”
Amansad Financial Services Inc. provides a wide range of financing solutions for Canadian residents, including private lending, refinancing/equity takeout, foreclosure prevention loans, secured asset loans, home-buying plans, and land refinancing.
About Amansad Financial Services, Inc.
Amansad Financial Services Inc. is a leading private mortgage lending and financing firm that provides its services to residents based in Edmonton, as well as other cities in Alberta, Canada.
Contact Amansad Financial Services, Inc.
Company Website: https://amansadfinancial.com/
Phone Number: 1(780)756-1119