Case Study #3 - HomeHow Mortgage€¦ · Case Study #3 Author: Chris Cabel Keywords:...
Transcript of Case Study #3 - HomeHow Mortgage€¦ · Case Study #3 Author: Chris Cabel Keywords:...
The Clients
Peter and his partner Greg were having issues getting their mortgage application approved by
several banks. This was happening because of Peter’s declaration of bankruptcy several years
ago. His failed attempt to open his own butchery had been haunting his chances of owning any
type of property. The couple desperately sought out bank after bank with the hope of approval,
but they were always met with rejection.
Since a financial institution wasn’t going to be a feasible option, Peter and Greg expanded their
options and came across HomeHow Mortgage. HomeHow reviewed their application as well as
both Peter and Greg’s credit history. They discovered that Peter’s bankruptcy happened over 5
years ago with no other faults attached to his history. The couple also proved stable employment
with an increased income since the butchery failed.
After seeing this, HomeHow placed the couple with a private lender that was able to give them a
reasonably priced mortgage that did not reflect Peter’s financial past.
Since no traditional bank would help them out, Peter and Greg diverted their attention
to HomeHow Mortgage which opened up their possibilities of working with experienced
mortgage brokers
Peter and Greg were exposed to lenders that handle unconventional applications such
as theirs with no judgments attached
HomeHow did not see their situation as a dead-end but an opportunity to give them a
fresh new start
The Benefits
1-833-466-3469 [email protected] www.homehow.ca
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