Services

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We have a variety of loan options that you can choose from such as Personal Loan,  Secured Loans, Bridge Loan, Home Equity Loan, Second Mortgage, and Loan Consolidation. We can assist you to get the loan suitable for your need, with a payment you can afford. We are committed to customer satisfaction.

 

 


Personal Loan

A loan that can be secured or unsecured. It can be used to pay for personal expenses. A good way to use a personal loan is to consolidate your debts.


Secured Loan

The convenience of a secured loan is that you can generally benefit of accessing for more money because you’re favoured by the security of your assets. If you have outstanding debts, a personal loan secured by your current assets can help you consolidate debts into one loan.


Bridge Loan

A short-term loan that is used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow. The loans are short-term (up to one year) with relatively high-interest rates and are backed by some form of collateral such as real estate.


Home Equity Loan

If you own a home, using the equity you have built up maybe one of the most cost-effective ways to lower your borrowing costs. You may be able to borrow against the equity in your home to finance other needs such as a home renovation, debt consolidation, and more.


Second Mortgage

A second mortgage can be a great way for homeowners to consolidate debt. If you use a second mortgage to consolidate and help you meet other financial commitments on time, this can improve your credit score and allow you to qualify for a mortgage with a prime lender sooner.


Loans Consolidation

Loan consolidation is obtaining a bigger loan to pay out smaller loans that they currently making payments on.  It is combining a number of loans into one loan with a single monthly payment.


FAQ

How to be qualified for a loan?

-Qualifications must include credit check & employment.

What are the requirements for applying?

  1. Fill out an online application
  2. Two government-issued photo IDs (Driver’s License, ID card, PR card, Passport…)
  3. Three months of recent pay stubs from all your employment
  4. Three months of recent bank statements or activities 
  5. Three months of most recent utility bills (heating bills, phone bills, or government issue letter with the same address as IDs)
  6. A co-signer is required

Scan or take a clear photo of requirements then e-mail to info@amdfinancialinc.com

What are the co-signer or co-borrower requirements?

  1. Two government-issued photo IDs (Driver’s License, ID card, PR card, Passport…)
  2. Three months of recent pay stubs from all your employment
  3. Three months of recent bank statements or activities 
  4. Three months of most recent utility bills (heating bills, phone bills, or government issue letter with the same address as IDs)

How can we send the requirements?

-Scan requirements to PDF then e-mail it to both spamilar@amdfinancialinc.com & info@amdfinancialinc.com or
-Take a clear photo of requirements then e-mail it to both spamilar@amdfinancialinc.com & info@amdfinancialinc.com or
-Take a clear photo of the requirements then send it 587.500.9037

What are the fees?

-One-time admin/service fee which is 3% of the approved principal loan. (plus GST)
-Borrower can have a cheque issued to them at no cost (hold 5 business days for clearing) or
-or funds can be issued to them thru direct transfer ($30 fee will apply, funds available next business day)
-NSF fee of $48.00 (each occurrence)