Canadian Funding Corporation Loan Saves Home From Foreclosure

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A high LTV second mortgage, issued by Moishe Alexander and the Canadian Funding Corporation, saves a couple's home from foreclosure.

Mr. and Mrs. Bongard required a second mortgage loan to 96.32% of the appraised value of their home to save their home from the power of sale/foreclosure. Canadian Funding Corporation, led by Moishe Alexander approved the deal and Canadian Funding Corp funded the transaction.

Moishe Alexander said, "Typically banks won't issue loans with such a high loan to value, and particularly when the people applying for the loan are in financial trouble. Canadian Funding Corporation has the ability to issue mortgages in situations that make sense, even when banks can't."

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.

For More Information:

Please see the Canadian Funding Corporation website or Moishe Alexander's website for more information regarding the company, or real estate financing.

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