Episode Details
Back to EpisodesWhen Private Lenders Get Cold Feet — And Homeowners Pay the Price
Published 5 months, 2 weeks ago
Description
Imagine losing your home — not because you missed a payment, but because your lender panicked. That’s exactly what’s happening right now in Canada’s private lending market. This week, Vince exposes a disturbing trend: private lenders refusing mortgage renewals on loans being paid exactly as agreed — no arrears, no defaults — simply because property values dipped and risk tolerance disappeared. This isn’t risk management. It’s predatory lending behavior in a stressed housing market.
For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/