Private Mortgage

Private mortgages are offered by private lenders, who are individuals or companies that aren’t your typical financial institution. It allows individuals having trouble obtaining a traditional mortgage to get a mortgage despite their income, credit or property type.

Loan to value for private mortgage can be up to a maximum of 90% and interest rates start at 7%.

To qualify for a private mortgage, you must have equity within your property or if purchasing a commercial property, have minimum 25% down payment.

Funds are granted with less criteria, quick approval and tend to be 1 or 2–year term. And, can be used while waiting for longer term products to be approved.

Connect with us today, we’ll assess your overall needs and provide the best mortgage solution.