fundings
fundings
Funded Amount: $562,000
Type: Single Family Home
Lender: Conventional
Location: Edmonton, AB
Loan-to-Value (LTV): 75%
Value: $7,115,000
investment purchase
The client was purchasing their first investment property while working a salaried job. A key challenge was the use of gifted funds for the down payment while also living at home, creating additional lender scrutiny around qualification and overall file structure.
The Problem
To help the client get ahead, we structured the mortgage through a conventional B-lender and positioned the file appropriately to address down payment sourcing and qualification requirements.
The Solution
- Successfully purchased a first investment property
- Used gifted funds to complete the transaction
- Created an entry point into real estate investing
- Established a foundation for future portfolio growth
- Helped the client take the first step toward long-term wealth building
Outcome & Key Takeaways
The client moved from thinking about investing to becoming a property owner and beginning their investment journey.
Funded Amount: $562,000
Type: Single Family Home
Lender: Conventional
Location: Edmonton, AB
Loan-to-Value (LTV): 75%
Value: $7,115,000
investment purchase
The client was purchasing their first investment property while working a salaried job. A key challenge was the use of gifted funds for the down payment while also living at home,
creating additional lender scrutiny around qualification and overall file structure.
The Problem
To help the client get ahead, we structured the mortgage through a conventional B-lender and positioned the file appropriately to address down payment sourcing and qualification requirements.
The Solution
- Successfully purchased a first investment property
- Used gifted funds to complete the transaction
- Created an entry point into real estate investing
- Established a foundation for future portfolio growth
- Helped the client take the first step toward long-term wealth building
Outcome & Key Takeaways
The client moved from thinking about investing to becoming a property owner and beginning their investment journey.
