How To Qualify For Mortgage Financing In A Corporation

How To Qualify For Mortgage Financing In A Corporation

Many real estate investors work with our team to set up a proper corporation structure so that they can invest to achieve their long-term goals.

If you have been in the real estate industry for a while, you would have probably heard that getting mortgages in a corporation is extremely difficult.

Rumors on the street are:

  1. Banks don’t like corporation when it comes down to real estate investing
  2. Banks don’t work with corporation on residential mortgages
  3. Banks charge higher interest rate when you qualify to buy investment properties in corporation
  4. Banks works with corporations if you have a small business in the corporation

So…when our Stock Hacker Academy student Andre Matos shared how he got himself financing in his holding company with an A-lender, I couldn’t help but invite him to be our guest on our YouTube Channel, and grilled him over his secrets 🧐🧐😂😂.

Andre is a Home Financing Advisor at Scotiabank.  His wife is a physician that operates her practice out of her medical professional corporation.  They have acquired multiple properties using a holding company structure.   

Let’s hear directly from what Andre has to say…

Until next time, happy Canadian Real Estate Investing!

Cherry Chan, CPA, CA

Your real estate accountant

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1 Comment
Bill Foster

Thanks for posting this short video about getting mortgage financing through a corporation. Would have liked a bit more detail but appreciate the items mentioned by Andre.

I have a corporation that I am using for both consulting work and my rental properties. It is not a holding corp. I understand the need for the personal guarantee of a mortgage inside my corp but still prefer to have the mortgages in the name of the corporation rather than me personally.

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