How PASH Financial / Mortgage Architects Helped A Client Consolidate Their Debt
As a licensed mortgage professional and mortgage agent in Mississauga, ON, at PASH Financial / Mortgage Architects, we provide clients with customized mortgage solutions, help them deal with debt problems or poor credit, and ensure they regain their financial stability.
We were once approached by a client who had filed a Consumer Proposal and wanted to refinance in order to consolidate their debt. Unfortunately, at the time, the client had to deal with Bankruptcy, Consumer Proposal, and qualify for the Stress Test.
As commercial and residential mortgage experts, we can navigate clients through any situation. In this particular situation, we refinanced the client’s property by consolidating high-interest rate debts into home equity, which helped increase the client’s cash flow.
While we were able to resolve the issue immediately, our biggest challenge was that we had to structure the deal and mitigate the shortcomings to request for the exception.
When clients face similar debt-related stress and have a low credit score, we work with them from the threshold to improve their credit rating. We also always advise our clients to lease or finance a vehicle after the purchase of the property.
The Bottom Line
At PASH Financial / Mortgage Architects, we help clients find the right solution for their needs and provide them with the relief they need to look forward to a better financial future.
As mortgage professionals, we analyze the client information and based on the information provided; we help them qualify for a mortgage and obtain the mortgage approval. We also guide clients through the entire mortgage process, from pre-approval to closing of the deal. Besides, our consultancy is provided without any obligation and at no charge to the client.
We offer a range of services, including Residential Mortgages, Home Purchase Mortgages, New Immigrant Mortgages, Self Employed Mortgages, Mortgage Refinancing and Switches, Debt Consolidation, Bad Credit Mortgages, Second and Third Mortgages, Investment Property Mortgages, Construction Mortgages, and Commercial Mortgages.
We serve clients across Toronto, Mississauga, Vaughan, Markham, Scarborough, Brampton, Caledon, Ajax, Oshawa, Milton, Oakville, Burlington, Clarington, Pickering, Uxbridge, Whitby, Halton Hills, Aurora, Georgina, King, Newmarket, Richmond Hill, Whitchurch-Stouffville, Orangeville, GTA, and the surrounding areas.
To learn more about the services we provide, visit our website by clicking here. If you have any questions about debt consolidation or mortgages, get in touch with us by clicking here.