January 19, 2024
Empowering a Self-Employed Entrepreneur’s Dream of Homeownership
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Manzeel is an award-winning Mortgage Broker and the Owner of the Toronto-based mortgage, Everything Mortgages.
With 16 years of experience in the Canadian mortgage industry and a formal background in mortgage underwriting, Manzeel’s lending expertise gives him unique insight into whether a deal is feasible which empowers his clients to make more informed lending decisions faster.
He has been recognized as one of Canada’s Top 10 Mortgage Brokers by the national Canadian Mortgage Professionals (CMP) Association. Him and his team of 18 mortgage agents are proud to offer a mortgage experience that's built on honesty, trust, and integrity. He prides himself on the brokerage’s dedication to deliver an excellent client experience throughout the entire home loan process from pre-approval to post-funding.
Since moving to Toronto in 1998, Manzeel has successfully launched and scaled several businesses from the ground up, ranging from a mortgage brokerage and a vast real estate investment portfolio to a private financing eCommerce platform. He continues to be a leader in the real estate industry as he uses his analytical expertise to seek new real estate investment opportunities.
As a tech junkie and avid sports enthusiast, when Manzeel’s not working with clients, you can find him reading technology blogs, playing squash or watching tennis with his two boys.
As a team dedicated to making homeownership a reality for everyone, we at Everything Mortgages recently had the opportunity to assist Sarah, a self-employed graphic designer from Toronto. Sarah’s journey to buying her first home was unique due to the challenges associated with her self-employment status. Here’s how we helped her navigate these challenges and achieve her dream.
Understanding Sarah’s Challenge:
Sarah came to us after her realtor recommended our services. Running a successful design studio for over five years, she faced hurdles with traditional lenders who were reluctant to offer her a mortgage. Her fluctuating income and lack of a conventional employment contract were the main concerns.
Our Approach:
Personalized Financial Review: We started with an in-depth review of Sarah’s financial health. This included analyzing her business’s income, credit history, and her potential for future earnings.
Tailoring a Mortgage Strategy: Understanding the unique needs of self-employed individuals, we crafted a mortgage strategy that provided the flexibility Sarah needed. Our goal was to accommodate the flow of her business income.
Leveraging Our Lender Network: We reached out to our network of lenders, focusing on those who appreciate the value and potential of self-employed clients. Our team worked diligently to negotiate terms that were in Sarah’s best interest.
Guidance and Support: Throughout this process, we ensured Sarah was well-informed and comfortable with each decision. Our commitment was to make her mortgage journey as smooth and understandable as possible.
The Result:
Our efforts paid off when we secured a mortgage for Sarah with favorable terms. She was thrilled to purchase a lovely two-bedroom condo in Toronto, a milestone that marked her first step into homeownership.
Reflecting on the Experience:
Sarah’s case is a shining example of what we strive for at Everything Mortgages. It highlights our commitment to finding solutions for those who might not fit the traditional lending criteria. We believe everyone deserves a chance at homeownership, and our team is dedicated to making that happen, regardless of their employment status.
At Everything Mortgages, we strive to help first-time homebuyers, small business owners, and hardworking professionals navigate their mortgage journeys. Whether it’s securing a loan or seeking better solutions, our team is here to guide you toward becoming mortgage-free sooner and building wealth faster. Reach out to us today to explore these strategies and more.
Note: This article is intended for informational purposes only and does not constitute financial advice. Please consult a financial advisor or mortgage professional before making decisions about your mortgage.
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