Private mortgage lenders work by funding transactions based on the equity and location of the home. In many cases, they come in where the major banks or institutional lenders aren't willing to go.
Waiting for a long approval process isn't always fun. If time isn't on your side, or if you can't qualify for a mortgage from a bank or institutional lender, then a private lender may be the answer.
They can be useful for the self-employed or those with bad credit, who tend to have a harder time getting a mortgage, as well as investors who want a fast, tailored service.
How we can help:
Home renovation and construction projects
Individuals who can’t prove their income by conventional means
Credit management or recovery from bankruptcy
Income tax, property tax, bills or mortgages arrears
Unique & “non-conforming” properties
Stopping a power of sale
Our team of experts helps to cut our customers’ monthly payments on second mortgages by up to 50%!