General Contractor
T : + (819) 923-6006
Email: [email protected]
Otta Wali Inc.
105 Rue d'Orsay, Gatineau, QC J9J 0B7
General Contractor
Mortgage Preauthorization
The mortgage pre-authorization is an important step in your purchase process. Whether you are buying first or want to buy a second property or income property. It allows you to know the maximum amount of your borrowing capacity. You save time and money. This allows you to guarantee a rate of interest, even if the market changes during your search for the ideal home, helping you to facilitate negotiations when completing the Promise to Purchase.
Mortgage line of credit
The home equity line of credit is a good solution for those who wish to benefit from its benefits. There are different kinds of lines of credit in the Canadian mortgage market. In order to qualify for this type of mortgage products, it is important to have a good credit record. If it needs a little work, we can find a solution together. A very flexible program that could even let you become your own banker. Are you ready to give more?
Refinancing
You have projects and you have planned to use the equity gained from your property to realize them. It can be an interesting strategy to save money. This strategy can also allow you to consolidate your debts and reduce your monthly payments, finance your children's studies or yours, dislodge the cash needed for a new acquisition or simply make a dream or travel. Some financial institutions can offer you depreciation for up to 35 years.
Equity loan
The equity loan is ideal for people who are the owner of which they are free of payment or when the mortgage balance is minimal. This allows you to go for additional liquidity. It is also possible to make a loan equity purchase. This means that you need at least 35% down payment. The flexibility of this mortgage product allows you in some cases to get your mortgage even if your debt ratios do not comply with the basic rule. Certain conditions apply. It still remains really interesting if this is your situation.
Alternative loan
The Alternative Loan is a mortgage branch that is sometimes underestimated. Of course, they are not suitable for everyone, but they may be the right solution for you. They are TEMPORARY solutions designed to redirect you to traditional lending as quickly as possible. The Alternative Loan is the one called B. It is the solution for many self-employed who do not declare all their income. Refinancing when your credit is not at its best performance. You who own a business that generates a good turnover, but the income you declare is less than the one you receive.
Private loan
Private Loan is usually the last mortgage resort. Sometimes bullied, but when you need him, he is there for you. Designed to help you in difficult times. You have received a 60-day notice of your property or buildings. You are in the process of divorce and you must pay the redemption of your ex-spouse's share and you can not make a traditional refinancing. Life is sometimes fraught with pitfalls and constraining situations. Do not lose the equity gained on your property, check your options. Do not stop ahead in your growth plans for tax issues. Make yourself a strategy. She may be out of the ordinary, but she is there for extraordinary situations, which are after all common in society in general.
