Blog Article

Thursday, 26 October 2023

By Leahs Mortgages

Leah Zlatkin interviewed by CBC Listen: “Private lending no longer a fringe method of borrowing”

https://www.cbc.ca/listen/live-radio/1-90-columnists-from-cbc-radio/clip/16018563-private-lending-longer-fringe-method-borrowing

Leah Zlatkin, mortgage broker and expert with LowestRates.ca, said the “role of a private mortgage is for either someone who has come upon some hard times and may have credit issues or for somebody who may have challenges qualifying for a mortgage because of an interim financial challenge”

But Zlatkin says the goal should be to move away from private mortgages at the end of the term.