Fast Home Equity Loans

Do You Need Cash NOW?

The Equity you have in your home, being the difference between your remaining mortgage balance and the market value of your home, is sometimes the best if not the only way you can qualify for a loan.

When cash is hard to come by, your largest asset can come in handy when needing to:

• pay down other debt
• pay out a foreclosure
• get cash for a business venture
• purchase a new vehicle
• buy an additional property

It is also usually the quickest way to get the CASH you need for whatever reason.

Even if your bank has said NO, we can say YES.

Don’t let your bank discourage you from getting the CASH you need. Not only can we likely get you a loan but when your equity is used to qualify there is usually less need to worry about documentation and often your approval will happen the same day.

Depending on the loan to value you require, an appraisal may be needed to verify how much equity you actually have in your property.

Some lending guidelines that you should be aware of:

• 1st, 2nd and 3rd mortgages to approximately 80% LTV in Calgary and Edmonton.
• Lower LTV in smaller centres and rural properties.
• If you are currently in foreclosure or have been bankrupt, we will still likely be able to assist you.
• Poorer credit is OK on equity loans.

The bottom line is, that if you have equity in your home we can likely get you the CASH you need. Please feel free to call us today and discuss your situation and what you would like to do.