In this week’s episode of The Real Deal Pod, Allister and Geoff dive deep into Net Worth Lending, a mortgage product tailored for high-net-worth individuals, and its potential as an alternative to traditional financing. They also tackle the ongoing election debate and the proposed housing policy changes aimed at addressing the housing crisis.
Here’s what you’ll discover:
-How Net Worth Lending allows high-net-worth individuals to qualify based on liquid assets, not income
-The key down payment and asset requirements to qualify
-Insight into the NDP’s 40% first-time buyer financing proposal and its impact
-The hosts’ frustrations with the lack of detail in current political housing plans
-Why working with experienced mortgage professionals is crucial for accessing specialized products