Learn what affects private mortgage approval, from equity and property type to exit strategy, income, and lender risk tolerance.
Private Mortgage Options
Private Mortgage Solutions Private Mortgage Options in Ontario, Alberta and Manitoba Not every mortgage file fits inside a bank box. Some borrowers have strong equity, real estate value, income, or a good exit plan, but the file still gets stuck because of credit, income type, taxes, property type, timing, or...
Accounting for Construction Loan Draws: Simple Guide for Homeowners, Builders, and Investors
Accounting for Construction Loan Draws Construction loans are different from a normal mortgage. With a regular residential mortgage, the money is usually advanced one time when the mortgage closes. With a construction loan, the lender usually releases the money in stages. These stages are called construction loan draws, mortgage draws,...
Purchase Plus Improvements
Prepared by LeSolace Corporation May 1, 2026Purchase Plus Improvements: Buy the Home, Then Make It WorkNot every home is perfect on closing day.Sometimes the right property needs work. New flooring. A better kitchen. A bathroom update. Paint. Windows. Maybe repairs that make the home more comfortable and functional.That is where...
Brandon Manitoba
Your Complete Guide to Getting a Mortgage in Brandon, Manitoba: 2025 Update Brandon, Manitoba – the "Wheat City" and second-largest city in Manitoba – has been experiencing an exciting evolution in its real estate market.As mortgage experts serving the Brandon community, LeSolace Corporation understands the unique opportunities and challenges of...