A family from Sudbury, Ontario was issued ,000 by the Canadian Funding Corporation as a second mortgage at 68% loan to value. This allowed the family to reinstate their pay up their municipal taxes, reinstate their primary mortgage, and get back on their feet financially.
Canadian Funding Corporation’s President, Moishe Alexander, took the lead when he noticed that the family had fallen back on municipal tax payments, and was unable to obtain funds from a bank for their mortgage. The timely intervention of CFC helped the family from Ontario start their financial life afresh.
About Moishe Alexander
Moishe Alexander has years of experience as a corporate leader and uses his financial expertise to save private homes and promote residential development. The Canadian Funding Corporation provides financial and loan services to a wide range of clients. Mr. Alexander is a strong supporter of the Chabad-Lubavitch movement, a philosophy that originated over 200 years ago in Russia by Rabbi Shneur Zalman of Liadi. He is contributes to a variety of synagogues in and around Toronto, and other seminaries in Israel. He also funds a variety of Jewish organizations including United Chesed Charity.
Mr. Alexander joined the Canadian Funding Corporation in 2005 and continues to work in his capacity as President, as a financial negotiator, resource manager, and team builder for the firm. His dedication to charity work extends in his role as president of the CFC. Over the past three years, the firm has helped families with funding on their second mortgage. The most recent was a 95% funding for the family from Sudbury, Ontario, who were otherwise in danger of losing their home permanently, after being ignored by several lending firms. Through Mr. Alexander and the CFC, the family was able to protect their equity and way of life.
Under the leadership of Mr. Alexander, the CFC has closed several difficult deals. The staffs strengths and weaknesses are closely determined by their president, who is their mentor and guide. Whether it is business of charity, Moishe Alexander is as passionate as ever about helping families in need.