This press release came across the wires this morning. An interesting alternatives for Canadians who have been told "No" to mortgages from banks, lenders, etc. A private operation by Moishe Alexander who is a unique individual representing private money in a fund calld the Canadian Funding Corporation.
"Toronto, Ontario (PRWEB) February 11, 2009 -- Mr. and Mrs. Granville of Orangeville, Ontario applied to Canadian Funding Corporation for a second mortgage to purchase a flea market commercial building in Orangeville, Ontario, with a loan to value of 91%. Canadian Funding Corp approved the deal after Jan Luistermans inspected the property, and Marty Lapedus approved the financing application. Moishe Alexander said "fund", and Canadian Funding Corporation funded the deal.
Moishe Alexander, President and Founder of Canadian Funding Corporation says, "Just because your bank, broker or previous lender has said 'no', doesn't mean we will. In fact Canadian Funding Corporation is known for funding difficult deals that traditionally do not fit institutional guidelines. We can fund the full spectrum of private and commercial mortgages from a $10,000 3rd mortgage to a $100,000,000+ build from raw land."
For More Information:
Please see the Canadian Funding Corporation's website or Moishe Alexander's personal website for more information regarding the company, or real estate financing.
Robert J. Morrow is editor of www.HamiltonHomeReview.com, an online real estate magazine serving Greater Hamilton, Ontario. Click here for a FREE SUBSCRIPTION sent to your email monthly. Click here to receive new Hamilton area listings in your email daily.