Whether it’s $10,000 or $500,000 – Alpine Credits is Your Best Alternative to the Bank

Loans for Retired Individuals or Pensioners

As some of you may have encountered already, obtaining a loan from the bank can be a difficult and lengthy process with lots of ‘hoops’ to jump through to meet the banks stringent lending criteria. If you are retired with a limited income or are collecting payments from a public or private pension plan, getting a loan from the banks can be even more difficult as they may deem the pension income insufficient to support the new debt payments. Fortunately, there is a lender that can provide you with a loan regardless of your credit, age or income – since 1969, Alpine Credits has been Canada’s home equity lender that has helped many retirees obtain the financing they need for their retirement or family needs.

Qualifying for a Home Equity Loan as Retired Individuals or Pensioners

Whether its retirement needs or dreams, temporary cash requirements or money to help your family, Alpine Credits can help and, Alpine Credits’ lending parameters are the same for retirees and those working full-time – we are home equity lender and the main criteria we consider is the amount of equity you have in your home.  If you have found yourself in need of a loan and believe the bank won’t be able to help you because you are retired with a limited income, please call and speak to one of our lending specialists at 1-800-587-2161 or complete our simple online application and one of our lending specialists will call you back.  Our lending specialists will work with you to understand your situation and recommend the best loan structure for your needs.  Remember, at Alpine Credits, Homeowners get approved.

Apply for a Retired Individual or Pensioner Loan now!

We’ve been helping people obtain home equity loans for 50 years, now. If you’ve been turned away by the bank for a loan in Canada, we can help find the financing you need.

Whether it’s $10,000 or $500,000 – Alpine Credits is Your Best Alternative to the Bank

Loans for Retired Individuals or Pensioners

As some of you may have encountered already, obtaining a loan from the bank can be a difficult and lengthy process with lots of ‘hoops’ to jump through to meet the banks stringent lending criteria. If you are retired with a limited income or are collecting payments from a public or private pension plan, getting a loan from the banks can be even more difficult as they may deem the pension income insufficient to support the new debt payments. Fortunately, there is a lender that can provide you with a loan regardless of your credit, age or income – since 1969, Alpine Credits has been Canada’s home equity lender that has helped many retirees obtain the financing they need for their retirement or family needs.

Qualifying for a Home Equity Loan as Retired Individuals or Pensioners

Whether its retirement needs or dreams, temporary cash requirements or money to help your family, Alpine Credits can help and, Alpine Credits’ lending parameters are the same for retirees and those working full-time – we are home equity lender and the main criteria we consider is the amount of equity you have in your home.  If you have found yourself in need of a loan and believe the bank won’t be able to help you because you are retired with a limited income, please call and speak to one of our lending specialists at 1-800-587-2161 or complete our simple online application and one of our lending specialists will call you back.  Our lending specialists will work with you to understand your situation and recommend the best loan structure for your needs.  Remember, at Alpine Credits, Homeowners get approved.

Easy Application – 3 Simple Steps – 24 Hr Approval

1. Apply Online

Using the form on this page or call 1-800-587-2161 to speak to one of our representatives,

2. Get Approved

Approved with 24 hours. Your home equity is the key to your approval. Get approved now!

3. Get Your Funding

We make it easy. Loan funds can be deposited directly into your bank account, once approved.

Loan Examples*

FIRST MORTGAGE

Loan
Amount
Monthly
Payment
Interest
Rate
Real Estate
Required?
TermAPR
$100,000$530.005.75%YES2 Years10.9%
$300,000$1,575.005.75%YES2 Years10.4%

SECOND MORTGAGE

Loan
Amount
Monthly
Payment
Interest
Rate
Real Estate
Required?
TermAPR
$25,000$220.008.75%YES2 Years17.2%
$50,000$425.008.75%YES2 Years15.8%

*Disclosure on “Loan Examples” Above

Alpine Credits’ intent is to always have full disclosure on all of our loan offerings. Borrowers are provided with all necessary disclosure prior to entering into any obligation. Our objective is to offer Canadian home owners an alternative to the banks and credit unions (not a replacement). Typically, you will find our rates to be higher than the banks; however, with this in mind, we are usually more efficient than the banks in getting you your money and may lend in situations where the banks (and other traditional lenders) will not. Once we have provided you with all necessary information, the decision will be left with you as to whether or not you wish to proceed with our offer. Thank you for your consideration. We look forward to speaking with you soon.

All of the above examples are for discussion purposes only. It is important the reader is aware that the examples may represent the lower priced range of our product offerings. Rates on our loans are subject to change and may vary (up or down) based on the equity you have in real estate, the state / condition / location of your real estate, your personal financial situation and the Canadian mortgage market. The examples are all based on interest only monthly payments (you may elect to pick a shorter amortization to pay off your loan sooner) in which the rate in year 2 increases to the prime rate plus 3.75% and the prime rate plus 6.00% for the first and second mortgages respectively. The Cash Advance in all of the loans above represents the net amount of money to be received. The “Gross Amount” for the $100,000 / $300,000 / $10,000 / $50,000 loans in the examples above are $110,500 / $327,900 / $13,500 / $58,140 respectively. The difference between the Gross Amount and Net amount represents closing costs which includes items such as legal fees, appraisals, brokerage fees, etc. (“Fees”). The APR will increase / decrease in the event of higher / lower Fees. Once again, thank you for your consideration.