Private Mortgages Canada are a powerful sources of money and fill a huge void in the mortgage market place. It can be a preferred form of real estate financing, ideal when conventional lenders said NO.
Private lenders go beyond the banks.
So often I hear frustrated clients say -- the bank turned me down for a mortgage.
Even if you have had a Consumer Proposal or Bankruptcy, we may be able to help you clean up your credit enough to secure financing.
Here are typical uses for private money
Here are some characteristics of private mortgages:
As little as a $500 security deposit will get you started.
Private mortgage money in Ontario Canada has over time been a viable fix to short term lending. But, it must be the correct solution for you with a good exit strategy and a plan to get you back on track.
Private mortgage lenders who fund bad credit home loans, focus on the equity and the qualify of your home and the area. If your home is easily marketable and there is sufficient equity, bad credit can be overlooked by a private lender. Whether you need to pay off expensive debt, renovate your home or to buy a rental property, you get the money, fast.
Second mortgages are a good short term fix for self employed no proof of income borrowers too.
So, if your financial situation has become serious or you need bad credit debt help, don't delay. Why not give me a call so that we can assess your situation together and see if a private first mortgage or a second mortgage private lender is a right solution for you.
This can be the best way to secure additional money for you. It's the easiest way for you to access the equity in your home for the cash you need to use as you see fit.
Interest only 2nd Mortgages can be used for anything with debt consolidation help to end credit card debt being the most common.
Contact Marie for private mortgages strategy
Or Call 905-308-8063
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