Private Mortgages

A private mortgage is a mortgage funded by a private lender instead of a bank or other financial institution. A private mortgage could be a mortgage syndicate or a private individual. The underwriting process is very different from a bank. Private mortgages can often be funded within days or weeks of a borrower signing a commitment letter. This solution provides rapid access to getting funding with a much easier and quicker application process for the borrower. Approval for a private mortgage is much easier than a bank and can be a fast and easy option if a bank has declined your application.  .

​

Easy Approvals - Lending decisions are based on how much equity you have in your home, not on your credit score. 

​

Convenient Terms - Private Mortgages are usually written for a 6 - 24 month term depending on the lender, so that you can transition out to a conventional mortgage product when you are ready without being locked in for a long term. We have flexible options available that can be tailored to your circumstances.