CHIP Reverse Mortgage

CHIP Reverse Mortgage

Now both in their 70s, they’re mortgage free. They love their neighbourhood and want to remain in their family home. Like many people who live in the Greater Vancouver Area, their house has increased in value significantly and is now valued at $850,000. GLM Mortgage...
Life Event

Life Event

Knowing that their income was limited and they were receiving disability payments, they thought their only option was to seek private funding. They were reluctant to approach their lender for fear of losing their home. Although the interest rate quoted by the private...
Purchase Plus

Purchase Plus

The husband was employed as a Project Manager and the wife, a new university graduate, owned her own small business. The couple had significant savings and good credit, but the price of the house they wanted plus the extra money required for renovations was beyond...
Bank Says “No”

Bank Says “No”

Purchase Price Of Home $355,000.00 LTV 80% Credit Scores 702 & 817 (Father who was her co-signer) Mortgage Solutions Using a 35-year amortization, the GLM Mortgage Group was able to secure a new mortgage that covered her present mortgage and consumer debt. Her...
Private Deal

Private Deal

For the last 12 years, he has owned his own trucking business but, because of his unfortunate life event, fell into financial instability and owed Canada Revenue Agency (CRA) more than $30,000 in taxes. He has almost 50% equity in his home, but his poor credit,...