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Robert Clancy
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I like the idea of getting more information out to the consumer to raise our credability. A national TV campaign for mortgage brokers.
Hi PC, are your properties residential or commercial? Traditionally most banks and non bank lenders do not like to finance more than 4 residential properties (1 to 4 units). Some lenders will finance 4 by themselves and some lenders will only do up to 4 including other lenders. On commercial properties it is unlimited. You should still be fine though. National Bank for example will finance up to 16 doors residential but they include units in this figure so 1 property with 4 units is considered 4 doors. If you need more information I will be glad to help, email me at robertclancy@rogers.com or call me at 416 899-1467. Cheers Robert
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Oct 18, 2011