“I feel like a kid again” said Joe when we told him the news. After making payments of 2400 on his 300,000 mortgage at a 9% interest rate for the past four years, a simple phone call to us changed his life. It was his wife Lynn who suggested Joe give us a call after reading us for years in the Wellington Advertiser.

The couple were in a private mortgage mainly because Joe had no credit. After having some financial trouble years ago, he paid everyone off and cut up his credit cards, vowing never to use credit cards again.  While it was good Joe paid his responsibilities, failing to re-establish credit was keeping this couple in a high rate mortgage. We found a lender(we have 47 to choose from including all the major banks and credit unions) who would understand that Joe was a person who always paid his mortgage on time and had tried to re-establish credit but had difficulty finding a lender who would give him a credit card.

Well the new mortgage we arranged for Joe and his family are in his words ‘life changing’. We helped him reduce his monthly payment from 2400 to 1100 a month. His private mortgage was interest only and now he’s actually paying off principal. Wow! This is a savings of an incredible 54% They will be taking the lessons of not living above their means and being vigilant about credit from this day forward.

Now they can start saving and also start  paying down their mortgage with ease, saving them thousands more in future. As soon as the mortgage closes, we will help Joe re-establish his credit expecting that we can help him elevate his credit score very quickly, such that he will never look back again.

The point of this article is that we got Joe and his wife a prime institutional mortgage at a great rate, despite him having no credit. It’s a good day for us when we can help people change their lives for the better.