Jerry Lawrence of Markham Developed Private Mortgage System

August 30, 2006 Toronto, Canada (PRWEBNEWS),

August 30, 2006 Toronto, Canada (PRWEBNEWS),

With a team of professional Investors and Marketing Gurus, Jerry Lawrence of Markham Developed Private Mortgage System to help real estate investors buy more properties in Toronto. This System was networked with thousands of mortgage professionals and Private Mortgage Lenders for 1st, 2nd and 3rd mortgages in Toronto. This Smart Mortgage System had access to several millions of funding per month. Some of the lenders were Fimax, Keith Watters, King Capital, GMAC, BFG Funds, Firm Capital, SBI, Khanna Funds, TD Bank etc.

Using this system was a win-win-win for client, lender, and mortgage broker. This type of lending was based on LTV and secured by asset valuation. Client loved this type of funding because their credit rating did not matter. If the client defaulted on the mortgage, the lenders would do a Power of Sale on the property to recover their investment. Jerry Lawrence had also access to many lawyers to support Smart Mortgages. Smart Mortgage System had some strong guidelines to follow. Sometimes out of 10 private application only 2 were approved or maybe a maximum of 4.

This system ensured to protect the private lenders so that they would profit and reinvest the profits. Using the Smart Mortgage system, the clients are also given access to pay off the mortgages 5 or 10 years early and saving $10,000 to $80,000 of interest payments. The main USP of Smart Mortgage System is Construction Finance for renovations such that the home owner can create an Extra $75000 to $100,000 of Equity in the Home. For more information – attend a private seminar at Smart Mortgage Office location.

Contact Jerry for Mortgage Strategy at info@smartmortgages.ca