Recommendation for mortgage brokers that work with "Farms" in the Edmonton, AB area? Apparently it's asking too much for most brokers to deal with the people that feed them....
Heather M. replied:
Try Tara Borle 780-237-7653...she is a mortgage broker in St Albert or her sister Blair Borle - 780-298-7653 who is a mortage broker with TD Bank. If they can't do it they should be able to refer you to someone who can. Lots of brokers don't deal with farms. It often has to be done by a farm specialist in one of the major banks. ATB, Scotia Bank, TD Bank, etc. You should also speak with Farm Credit or AFSC. (I sell real estate - mostly rural properties - and larger parcels can be very tough to finance)
Can anyone recommend a good Mortgage Broker in St Albert? Is that the best route to go if we are planning to buy an investment property (as opposed to a bank or other financial institution)?
Leigh C. replied:
For mortgage brokers I think the world of Tara Borle with Mortgage Architects. Sure goes that extra mile to get the deal done. (780) 237-7653. If you haven't found an investment property yet, you may want to look at one I have listed - it's under $300,000, not a condo, and has a postitive estimated cashflow of $335/month after expenses (mortgage and property taxes).