Services

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We have a variety of loan options that you can choose from such as Personal Loans,  Secured Loans and Second Mortgage Loans. We can assist you to get the loan suitable for your need, with a payment you can afford. We are committed to customer satisfaction.

 

 


Personal Loan

A loan that can be secured or unsecured. It can be used to pay for personal expenses. A good way to use a personal loan is to pay off other small loans.


Secured Loan

The convenience of a secured loan is that you can generally benefit of accessing for more money because you’re favoured by the security of your assets. If you have outstanding loans, a personal loan secured by your current assets can help you combine loans into one loan.


Second Mortgage Loan

A second mortgage can be a great way for homeowners to pay off other loans. If you use a second mortgage to pay off and help you meet other financial commitments on time, this can improve your credit score and allow you to qualify for a mortgage with a prime lender sooner.

 


FAQ

How to be qualified for a loan?

-Qualifications must include credit check & employment.

What are the requirements for applying?

  1. Fill out an online application
  2. Two government-issued photo IDs (Driver’s License, ID card, PR card, Passport…)
  3. Three months of recent pay stubs from all your employment
  4. Three months of recent bank statements or activities 
  5. Three months of most recent utility bills (heating bills, phone bills, or government issue letter with the same address as IDs)
  6. A co-signer is required

Scan or take a clear photo of requirements then e-mail to info@amdfinancialinc.com

What are the co-signer or co-borrower requirements?

  1. Two government-issued photo IDs (Driver’s License, ID card, PR card, Passport…)
  2. Three months of recent pay stubs from all your employment
  3. Three months of recent bank statements or activities 
  4. Three months of most recent utility bills (heating bills, phone bills, or government issue letter with the same address as IDs)

How can we send the requirements?

-Scan requirements to PDF then e-mail it to both spamilar@amdfinancialinc.com & info@amdfinancialinc.com or
-Take a clear photo of requirements then e-mail it to both spamilar@amdfinancialinc.com & info@amdfinancialinc.com or
-Take a clear photo of the requirements then send it 587.500.9037

What are the fees?

-One-time admin/service fee which is 3% of the approved new principal loan. (plus GST)
-Borrower can have a cheque issued to them at no cost (hold 5 business days for clearing) or
-or funds can be issued to them thru direct transfer ($30 fee will apply, funds available next business day)
-NSF fee of $48.00 (each occurrence)