We can help you secure the professional loans you need personally or for your business.
Underwriting guidelines differ between the types of loans, often because of the degree of risk involved. A secured loan is usually easier to obtain because the lender knows that, in a worst-case scenario, they can foreclose on the asset and recover the majority of any outstanding balance. Professional loans that are not secured by an asset have more stringent guidelines. When you attempt to get this type of loan on your own, it can seem like you have to prove you don’t need the money in order to get it. That is why it is in your best interest to work with a broker who will walk you through the process.
At the BlueRock Wealth Management in Collingwood, Ontario, we have the expertise and dedication you need to provide the right solution for you. We provide objective financing advice and solutions that will complement your financial and estate planning objectives. Whether you are looking at professional loans for a personal borrowing situation or to grow your business, we’ll help you avoid the pitfalls that can result in unsatisfactory terms. We work for you, not the lenders, so we can find you the best rate and terms that suit your particular circumstance.
With our advice you will be in a better position to understand if professional loans make sense or if you would be better off going with another type of loan. Sometimes refinancing to take advantage of the equity in your property is a smart way to go. If you would like to know more about mortgages, personal borrowing solutions, professional loans, and more, reach out today to schedule a consultation.