Vancouver Home Equity Loans – A Few Things to Keep in Mind
Mike Catherall
October 05, 2010
So, to own a home in Vancouver, a homeowner is already the elite.
That is why it is so ironic that banks sometimes refuse to lend money to these homeowners. Credit, age and income are the only variables in a bank´s decision, and if a potential lender is too old, self-employed, or has a poor credit rating, they will simply say, ´No.´
Alpine Credits takes a more common sense approach to lending. With houses worth what they are in the city, the owners that live in them offer fine demographic to lend to. Based on the home equity, it is possible for homeowners in Vancouver to borrow $5k, $40k, even $300,000 against their home equity.
For self-employed businesspeople the dogmatic ruling of banks can be particularly annoying. No matter how successful or high the credit rating, an income that is hard to verify could make them illegible to borrow money from a bank – and often these are the people that need loans the most, as they might be running their accounts off their credit card – which has ridiculous interest, or else they need a float to keep things going through tight times.
Consolidating business debt is often easily done with a loan from a bank. But when the banks say NO, find out what YES feels like with home equity loans from Alpine Credits.
Alpine Credits does not discriminate or judge. If their clients own their homes, they will lend them the money, no matter what.
To talk to a Financial Consultant at Alpine Credits – call 604.581.2161 or visit http://www.Alpinecredits.ca
Print
Email
