Thank you Thomas and Rob for your help. I really appreciate your advise for new investors like me. I got in touch with Randy Jamieson prior to your replies. He is now helping me out.

I received letters from both Exceed and GMAC that they are not renewing anymore. Are there other B lenders out there? I never missed payments, have over 700 in credit score but may not be approved anymore by banks or CMHC because of a few properties in our name. I have at least 25% equity on...

Thanks Thomas & Margaret for the advice. I'll get in touch with Randy.

Chris - thanks for the reply. I am in Edmonton. Would you please recommend a broker who assisted GMAC or Exceed clients who are in similar situation. Kir - apparently, GMAC & Exceed don't do subprime or income property anymore that won't qualify for CMHC. I am entertaining vendor take...

My lender, GMAC, sent me a letter saying they are not doing residential mortgages anymore. I never missed any payment and have at least 25% equity. I have good credit but have a few properties already. I need advice as to which lender would take such orphaned mortgage. I'm willing also to sell...