Review Mortgage Lenders

Alterna Mortgage Company

Address: 6950 SW Hampton St Ste 218 Portland, OR 97223
or
4315 SW Iowa Street Portland, OR 97221

Alterna Mortgage is a small Portland, OR-based mortgage company, owned by Scott Bennett. Alterna Mortgage in Portland, OR is a private company categorized under Mortgages. Our records show it was established in 2010 and incorporated in Oregon. Current estimates show this company has an annual revenue of $130,000 and employs a staff of approximately 2.
Products or Services: Bad Credit Debt Consolidation Loans, Home Mortgage Refinance Loan, Home Equity Line Of Credit Calculator, Mortgage Loan Rates and Online Mortgage Information.

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found claimed to be different even though they were all owned by the same four companies. So Billy picked one. And that agency went to work. Then ...

Alterna Bank launches Canada's first fully digital mortgage

Ontario-based Alterna Bank says it has launched “Canada’s first and only end-to-end digital mortgage”.

“In the time it takes to get a traditional mortgage, you could lose out on three or four homes. Buyers are put through the wringer, forced to make multiple appointments, going from branch to branch to haggle for the best rate. It’s nonsensical,” says Rob Paterson, president and CEO of Alterna Bank.

“Buyers should be spending their time finding the perfect home, not running around for the perfect mortgage. Our goal is to dramatically simplify what we believe to be an unnecessarily convoluted process by leveraging technology to save our customers valuable time and energy.”

According to the bank, its new platform provides “a truly digital mortgage borrowing experience”, from fast mortgage pre-approvals (often within minutes) to remote income verification and funding “via an extremely user-friendly interface”.

Alterna has joined forces with a domestic fintech start-up, Lendful Financial, to create the offering. Alterna Bank’s parent, Alterna Savings, is an investor in Lendful.

BMO and TD lead peers in pot accounts

Bank of Montreal and Toronto-Dominion Bank are emerging as the banks of choice for Canada's burgeoning marijuana industry, even as some lenders shun the sector.

With less than a year to go before Canada plans to legalize recreational pot in July, and 16 years after making it legal for medical use, Bank of Montreal and Toronto-Dominion are providing business accounts to at least 21 cannabis companies, according to interviews with 45 firms tied to the drug. Alterna Savings and Credit Union Ltd. is top among co-operative lenders.

Canadian banks are warming to an industry avoided by banks in the U.S., where marijuana is outlawed federally. Most U.S. banks have refused to do business with pot companies to avoid accusations of money laundering and other criminal violations that could bring jail time.

Canada's recreational pot sales are forecast to reach C$6 billion ($4.8 billion) by 2021, surpassing the C$1.3 billion estimate for the mature medical marijuana market. Ontario's government is already forging ahead with plans to set up its own weed stores, though using the drug for pleasure still carries a social stigma in many circles.