This is a great time to refinance loans, since the interest rates are at historical lows. We're seeing a growing trend of people doing just that.
Thornhill, Ontario (PRWEB) October 16, 2009
Canadian Funding Corporation CEO, Moishe Alexander, says that a second mortgage issued to a Toronto family at 78.43% loan-to-value allowed them to pay out their existing second mortgage, and therefore lower their monthly payments.
Moishe Alexander commented, "This is a great time to refinance loans, since the interest rates are at historical lows. We're seeing a growing trend of people doing just that.".
About Moishe Alexander
Moishe Alexander uses his financial experience to save private homes and promote residential development. A passionate corporate leader, Moishe Alexander has flourished in his role as President of the Canadian Funding Corporation, which provides finance and loan services for an impressive range of clients.
Moishe Alexander is also a strong supporter of his faith, providing important funding to a variety of Jewish organizations, such as United Chesed Charity, as well as to various synagogues around Toronto and seminaries in Israel. Alexander also devotes a substantial amount of time to Chabad-Lubavitch, a Jewish organization and philosophy that originated in Russia over 200 years ago.
Chabad-Lubavitch promotes a deeper understanding of Jewish life and spiritual ideals, helping those of the Jewish faith explore a more personal relationship with their religious history. Moishe Alexander is now a part of an international explosion in Chabad-Lubavitch growth, which includes over 3,000 institutions and 4,000 emissary families.
Alexander extends the same passion and dedication exercised in his charity work to his presidential position with the Canadian Funding Corporation. Since joining the firm in 2005, Moishe Alexander has proven his skills as a financial negotiator, team builder, and resource manager. Alexander has expertly managed each team members' strengths and weaknesses, and his skillful leadership has helped his company close several of its more difficult deals.
Over the past three years, Moishe Alexander has led Canadian Funding Corporation in a series of dramatic deals that benefited all parties involved. Recently, Alexander helped a family get back into their home by funding almost 95% of their second mortgage. Without his extraordinary assistance, the family would have lost their home permanently. Other lending firms simply ignored the family, but Alexander was willing to protect their equity and way of life. In both business and charity, Moishe Alexander exhibits an undeniable compassion for those in need.
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