When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’

10/30/2023 8:00:00 a.m.·Sechelt, Canada

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Flin Flon Reminder

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’

10/30/2023 8:00:00 a.m.·Flin Flon, Canada

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Sask Today

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’

10/30/2023 8:00:00 a.m.

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Rocky Mountain Outlook

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’

10/30/2023 8:00:00 a.m.

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Airdrie City View

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’

10/30/2023 11:41:30 a.m.

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When a private mortgage is the ‘only game in town,’ having an exit strategy is key

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When a private mortgage is the 'only game in town,' having an exit strategy is key

When a private mortgage is the 'only game in town,' having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

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