Do you qualify?

mortgage borrower qualify

Due to the current state of the mortgage market, many potential borrowers don’t think they qualify for a mortgage loan from a credible financial institution. Nothing could be further from the truth.

The fact is that mortgage institutions, such as ASCEND MIC, exist in part because of the vacuum created by the traditional banks and lenders, which often demonstrate restrictive policies towards mortgage approvals.

A safe alternative

One the one hand, ASCEND MIC is a licensed and registered mortgage investment corporation governed by various laws both federally and provincially. As such, we must abide by government oversight and adhere to generally accepted principles towards finance and mortgage lending.

On the other hand, ASCEND MIC is a private alternative mortgage lender, which means that we’re not governed by the restrictive policies instituted by the banks and traditional lenders. Instead, we abide by what’s called an equity-based approach to mortgage lending.

In other words, we focus on the value of the underlying property to be mortgaged, instead of the application barriers set up by the banks, in order to provide unique mortgage solutions to our valued customers. It’s just another part of the ASCEND MIC difference!

Many people qualify

mortgage application approval

As such, the kinds of mortgage applicants we approve are much broader than what you’d expect from the traditional banks and lenders. From self-employed entrepreneurs and immigrants, to those with poor or recovering credit histories, our team of experienced mortgage professionals examines your application carefully to determine your qualifications as an applicant.

We work hard to get your business, instead of the other way around.

As a result, we offer quick approvals and turnaround times, favourable terms, and top-notch customer service to a wide range of mortgage borrowers — just like you.

Talk to us to find out more about how you qualify for a mortgage loan, or apply with us directly. We look forward to hearing from you.