Admin Things to Remember When Submitting Your Mortgage Application to Lendworth 1. Submit Your Complete Mortgage Application The first step in the process is to provide us with your completed mortgage application. This is crucial as it helps us understand your needs and financial... Jan 4, 2025
Admin How to Get Approved for a Mortgage with Bad Credit 1. Work with an Equity-Based Lender Traditional lenders, like banks, heavily rely on your credit score to determine whether to approve your mortgage application. On the other hand, equity-based lender... Jan 2, 2025
Admin Becoming a Private Lender with Lendworth At Lendworth, we offer you two distinct pathways to become a successful private lender: through our Mortgage Investment Corporation (MIC) for pooled mortgage funds or by acting as a direct private len... Jan 1, 2025
Admin How to Make the Most of Your Home Equity What Is Home Equity? Home equity is the difference between your home’s current market value and the outstanding balance on your mortgage. As you pay down your mortgage, or if the value of your home in... Jan 1, 2025
Admin Home Improvement Construction Financing with Lendworth: Starting at 11.9% Interest Rates Competitive Interest Rates and Flexible Terms At Lendworth, we understand that home improvements are an important investment. That's why we provide flexible financing options with competitive interest... Dec 30, 2024
Admin 5 Key Reasons Why Homebuyers Are Choosing Private Lenders Over Banks 1. Faster Approvals When time is of the essence, private lenders like Lendworth provide quick solutions. Unlike banks, which can take weeks to process a mortgage application, we offer 48-hour approval... Dec 30, 2024
Admin Understanding Mortgages: A Comprehensive Guide What Is a Mortgage? A mortgage is a loan designed to help you finance the purchase of a home or property. It’s a legally binding agreement between the borrower (you) and the lender, typically a bank o... Dec 30, 2024
Admin Investing in Lendworth MIC: Helping Families Secure Housing While Earning 9-11% Returns The Opportunity to Make a Difference Housing is one of the most pressing needs in the GTA. Many families face challenges securing traditional mortgages due to strict banking criteria or unique financi... Dec 29, 2024
Admin What is a MIC (Mortgage Investment Corporation)? How Does a MIC Work? A MIC pools funds from multiple investors to provide mortgages to borrowers who may not qualify for traditional bank loans. These mortgages are typically secured by real estate, o... Dec 27, 2024
Admin Discover Lendworth: Your Complete Mortgage and Investment Partner 1. Private Lending Services As a direct private lender, we provide flexible financing solutions tailored to your unique needs. Unlike traditional banks, our equity-based approach allows for faster app... Dec 27, 2024