#027 RSIRE Mohamed Bachani - Buying With a "B" Lender & Moving To an "A" Lender
Mohamed Bachani is a Durham Region-based accountant, founder and president of Unique Accounting Services, an Accounting and Bookkeeping firm that helps Canadian small and medium sized businesses with all their bookkeeping, taxation and accounting.
He wanted to move from renting to owning, was pre-approved and had his down payment, but when he came down to purchasing, he wasn't able to qualify for his mortgage with an "A" lender. The bank had not properly screened him, so he actually didn't qualify and shouldn't have gotten the pre-approval. He was self employed through his corporation, and many banks don't like working with self employed persons. What was Mohamed going to do?
This is when Laframboise mortgage got involved and was able to find a "B" lender to make sure Mohamed got that house! The plan was to get a mortgage with a "B" lender for 2 years, and provide relevant income documents for the 2 years and then move to a major lender, which means lower rates and more flexibility!
Contact Mohamed:
https://uniqueaccountingservices.ca/
Phone: (905) 903-7669
email mohamed@uniqueaccountingservices.ca
Join host award winning mortgage broker Denise Laframboise each week as she brings the good, the bad and the just plain ugly in real estate transactions, as told by real people. Success stories and tips on how to avoid the same pitfalls. We'd love you to please like, subscribe, follow and share these amazing stories.
To get in touch with Denise:
Web: http://DeniseLaframboise.ca
Email: mortgage@DeniseLaframboise.ca
Phone: 289-645-1568 ext 1
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