My husband and I were very fortunate to find Jesse Brun and utilize his services when it came to renewing our mortgage. In fact, we have used Jesse’s services twice over the last few years. Jesse is a dedicated mortgage broker who goes that extra mile to find his clients the best deal possible. Throughout our time dealing with Jesse, it has always been via email or phone. That has not interfered with his services. He has handled all the transactions with much professionalism. Would we use Jesse again should the need arise? You bet…. Great service…..Thanks Jesse
JESSE BRUN
Mortgage IntelligenceLicense #10428
Mortgage Broker (NB)
Mortgage Agent Level 2 (ON)
Private Mortgages Cobourg
Private Mortgages in Cobourg are normally done by using a mortgage agent. To get a private mortgage in Cobourg a person needs a lot of equity in their home or a big down payment if purchasing. Private mortgage lenders who lend in Cobourg will typically provide short-term mortgage financing for 1 or 2 years. In most cases, private mortgage lenders will borrow up to 75% value of the property being used as collateral(mortgage will normally not exceed 75% value of the property unless the population of a city is over 500,000). Private mortgage lenders prefer to finance properties which are located within city limits however they will borrow in small towns or rural areas as well. The lender may only borrow up to 50 to 65% value of the property when financing outside of the city especially in rural areas.
The private lender puts more emphasis on the properties’ equity instead of focusing on a person’s credit history, income, etc. This is why private mortgage financing is also known as equity lending. Getting private mortgage financing can be very helpful and crucial in some situations. Private mortgage financing is often used to pay off judgements against property, settle income tax owed, renew mortgages, pay estate settlements, stop foreclosures, pay off major collections, do commercial projects, and more. If you are looking for any kind of mortgage financing I would be happy to help you by answering any of your questions, analysing your situation and then providing you with the best options for your situation. I’m here to help you and your business is important to me. Please do not hesitate to contact me anytime at 1(888)878-4660 or fill out the short and quick application form above my website. Thank you and I look forward to helping you soon!
Jesse
Mortgage Agent
1(888)878-4660
homeloans@jessebrun.com