Private Mortgage Lending
Mortgage Broker in North York, ON
Private loans are usually a good option if
- You have credit challenges and need time to improve your credit
- You are self-employed and do not qualify under the banks lending guidelines
- The property doesn’t fit under the regular banking guidelines due to inferior living conditions, being land value, or in case of complex properties…
- You are a renovator/contractor and need short-term loans to buy/flip the house.
In any of the above scenarios, private loans might be a suitable short-term fix to the situation.