I noticed from a recent post that the issue of non-conforming usage came up, and since this is something I have direct experience in, I thought it would be worthwhile to start a post on this subject. My knowledge is based on BC, but it would be interesting to hear whether this applies...

I have some questions about securities regulations affecting private fiancing deals such as promisory notes, private loans, and private mortgages. I am looking at getting into this area to get around the lending wall I have now hit with the banks (TDSR too high for them, even though DCR is...