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DO YOU NEED
A MORTGAGE?
ABOUT RESERVE
Reserve Lending Partners is a full-service provider of mortgage solutions for all borrowers. Nick Auciello is the founder and mortgage agent representing his brand and offers a personalized approach to conducting business. Nick believes that everything starts with trust and transparency!
The company strives to offer its borrowers the best lending experience in the business. When something is in Reserve, it is held back for special use; it is essentially reserved just for you! We believe our clients are special and so are their mortgage needs. Reserve Lending Partners is ready to source mortgage financing at exclusive rates via a vast network of lenders; leaning on expert experience and fostered relationships. We have access to over 60 lenders across Canada which include many of the major banks, credit unions, monoline lenders and private corporations. We are powered by Verico Paragon MortgagePal Inc. and hold direct licensing in Ontario and Alberta. However, we can also facilitate lending in all Canadian provinces.
Our mandate is simple; "Always do what is in the best interest of the borrower, period". I can assure you, we will invest the utmost of time and effort to meet and secure your mortgage needs. I personally invite you to give Reserve Lending Partners the opportunity to earn your business and Reserve your funds today!
Nick Auciello
RESERVE YOUR FUNDS TODAY!
OUR SERVICES
First Time Buyer
We continually keep abreast of Federal and Provincial rules and special incentives for First Time Buyers. Buying your first home is always a big decision and a special moment in life. After all, your first home can often establish a path to financial success and future stability. Consulting a mortgage expert will help prepare you for homeownership and provide clarity when it is needed most.
Renewal
Being proactive with your mortgage renewal can make the world of a difference in reducing your interest costs over the life of your mortgage. The average borrower may renew their mortgage between 5-7 times in a 25 year period. Imagine the savings you can enjoy if you shop each renewal to ensure you are receiving the best rates and advice. This proactive approach can literally save you thousands, if not hundreds of thousands of dollars over the amortization period. Just signing and renewing with your current lender may be the easiest but it often comes with a cost that compounds. Work with us and leverage our network for your benefit.
New To Canada
It can be overwhelming when first landing in a new country. Having an expert by your side to provide advice of the programs available to you is key to purchasing your first home in Canada. We have a vast lender network with special programs just for you. If you are new to Canada and need to understand how you can purchase a home we can guide you and provide the options you need.
Refinance
If done correctly, refinancing your current mortgage for the right reasons can be a powerful tool. You may need to consolidate other higher interest rate debts, or manage cash flow to improve your finances, credit and overall way of life. Refinancing also allows you to access your hard earned equity to make further investments or meet the demands of life or a growing family.
Investor
Investors generally have the most complex of situations because they may already own several properties. Investors often exhaust the borrowing capacity provided by major banks and require more specialized lending from institutions that understand their needs. We have access to lenders that understand these needs and the challenges that investment properties can present. Rental guidelines can vary dramatically among lenders, including the large Canadian banks. Using the services of an expert who knows where to place your loan is paramount and can make the difference between being able to acquire an investment property or not. Trust us to navigate these policies for you and help you achieve your investment goals.
Spousal Buyout
The breakdown of a marriage can be a very stressful time and presents challenges to both parties on how to divide their assets. Their biggest asset is almost always the matrimonial home. Often, one spouse may want to buy out the other so they can remain in the home. We can walk you through this process ensuring you are well prepared to have this discussion and understand if doing this is an option for you.
Reverse Mortgage
As the baby boomer demographic ages, reverse mortgages continue to grow in popularity. A reverse mortgage can be the difference in allowing an elderly person to stay in their home or not. Downsizing is not always as economical as it may sound on the surface. Real estate fess, taxes and higher prices present challenges to downsizing. Let’s face it, generally most would want to stay in their home as long as possible; a reverse mortgage can make remaining in your beloved home an option.
Fraction Mortgage
A fraction mortgage is essentially a reverse mortgage but for borrowers of all ages. Some key differences of a fraction mortgage compared to a reverse are that Fraction loans are for a set period of time; usually 3-5 year term. These often are open loans and have no monthly payment requirement. Borrowers can also borrow a higher loan to value when compared to a reverse mortgage. However, fraction mortgages should generally be used as a short term solution when the need for payment relief or the use of home equity is going to be temporary.
Alternative and Private Solutions
Not all borrowers fit into the box of traditional lending. Sometimes life can present us with challenges that require unique solutions and time can often be of the essence. We have a vast lending network to be able to provide mortgage solutions for almost any situation. It is always advisable to seek advice and solutions as early as possible and ensure that you have an exit strategy. Private mortgages are not meant to be long term solutions. This lending option should be for short term use. Ensuring the loan you are securing has the right terms and conditions for you is our priority.
CORE VALUES
Personalized Service
ensuring your unique needs are met.
Transparency
keeping you informed during the entire process ensuring you understand what will happen next.
Results
we will ensure we exhaust all options on the path to mortgage approval.
Ethical Conduct
we will uphold the highest of standards; respecting regulations and all parties involved in the mortgage transaction.
SOME OF OUR LENDING PARTNERS
Simple 3-Step Fully Digital Process
Needs discovery call – to understand your overall situation and to ensure that we can assist you and seek out the best options.
Secure Online Application and document intake for review.
Submission
Submission to one of our lending partners to secure a commitment and see it through to funding.
SIGN UP FOR MONTHLY INFORMATION!
you can fill in the following contact:
WHAT DO OUR CLIENTS SAY?
OMAR R.
Super happy with our broker Nick, who struck it out of the park, and in the future will be contacting him again for his services, when the time comes. Nick, did so much more then expected to help us secure our first mortgage. He was always quick with responses, that I'm pretty sure I told him at one point I don't need a reply at 10 pm and I was okay with waiting until the next morning.
He was the first person I've encountered in the financial realm that understood how a tradesperson's life in the union operates, without me having to explain. It was a breath of fresh air for me. I could go on, but it would just be more positive praise, without making much coherent sense.
G.R K.
Thank you Nick for all you've done for us. The transition was painless and on time. My experience working with you was great. You are patient, responsive, helpful, and we will definitely use your services in the future. I will also refer you to my network as much as I can.
DORA A.
I worked with Nick Auciello and hands down he was very helpful and always there to give great advice. I trust his judgements he is very knowledgeable on what he is talking about and I would recommend doing business with him. Always replied to my emails and phone calls. Great Job Nick :)