ag-buyers-guide-august-2014 - page 79

www.farms.com/agbuyersguide 79
August 2014 | Ontario
ONLY TRUST A FARM BOY
TO GET YOU A FARM LOAN
me
My name’s Colin Eby. My dad was a
farmer. His dad was a farmer, and his
dad... well, you get the picture. As a
kid, I’ll never forget when my dad had a
bad year farming and the bank turned
its back on him.
I vowed that when I grew up, I’d
become a banker so I could help
farmers... NOT hurt them. But I quickly
learned that bankers have to FOLLOW
BANK RULES, so instead I became an
accountant and a licensed Mortgage
Agent with EXPERT MORTGAGE.
Now I can help farmers ACROSS
ONTARIO better than banks can.
I specialize in agricultural lending. With
over 200 private lenders to back me up,
I SET THE RULES!
CALL ME EVEN IF EVERYONE ELSE HAS SAID NO!
With over 200 lenders at my disposal I can get you a mortgage even with...
• Bad credit
• Poor cashflow
• Power of sale
• Mortgage arrears
• Tax arrears
• No financials
Even if you have BAD CREDIT & NO PROOF OF INCOME, I can still help you
Call me 7 DAYS A WEEK for a confidential consultation
519-501-7758 or Toll Free Across Ontario 1-888-593-9280
Or send me a question online at www.ColinEby.ca
FARMOWNERS! Call
CALL COLIN
Talk to me if you’d like to ...
• Buy more land or new equipment
• Repair or construct new buildings
• Refinance your existing debts
• Buy quota
I can offer qualified farmers ...
• Up to 80% of FULL farm value
• Up to 30 year amortization
• Operating lines of credit
Most banks underwrite loans using standard commercial lending
guidelines that don’t make any sense for farms. Coming from a farm
family, I understand the farming community.
As of July 2014 O.A.C.
Mortgage
Amount
Monthly Pay-
ment
Bi-weekly
Payment
$200,000 $922.95 $425.98
$250,000 $1,153.69 $532.48
$300,000 $1,384.43 $638.97
$350,000 $1,615.16 $745.47
$400,000 $1,845.90 $851.96
$500,000 $2,307.38 $1,064.95
$600,000 $2,768.85 $1,277.94
$700,000 $3,230.33 $1,490.93
$800,000 $3,691.80 $1,703.92
$1,000,000 $4,614.75 $2,129.90