Here is a lesson or two about Private Real Estate Loans

getting private real estate Loans from hard money lenders Canada

Private real estate loans Ontario are a powerful source of money responding to a huge need in the real estate financing market. Hard money lenders Canada can be a preferred form of money when banks and other traditional lenders said NO.

For many, doors to financing would be shut without the help from private mortgage loans Hamilton and Ontario wide.

What's the best use of private mortgage loans ?

  • Fast ways to pay off debt with private consolidation loans is a most common use of private mortgage lending. Using private lenders for debt consolidation loans gets you debt relief Hamilton and Ontario wide. Reach out to us for debt consolidation in Hamilton, Burlington, Stoney Creek, Grimsby, St Catharines, Ancaster, to Brantford, Waterdown, Dundas areas.
  • Private real estate loans for home renovations improving your home.
  • Tax-free cash to pay of taxes, pay for university, buy a car, family emergency is another common use of private mortgage lenders Ontario for bad credit.
  • Discharged bankruptcy or consumer proposal lump sum payment to creditors.
  • Private hard money lenders to pay off your tax arrears.
  • Private mortgages for bad credit are also used to top-up a lower 1st mortgage to close a purchase if debt service ratios allow.

What is private mortgage lending?

  • 1st and second mortgage home equity loan;
  • Interest only lower monthly payments;
  • NO payment for 12 months options
  • Private hard money loans interest rates are higher than conventional financing;
  • Private hard money lenders and broker fees apply;
  • Fast and easy application process;
  • Fast approval decisions;
  • Private hard money lenders in Ontario get you tax free money fast to use as you need.

Let me show you How private mortgages for bad credit can Save you money


What's in it for me you ask?

Private hard money loans can save thousands of dollars, improve household cash flow and credit score ranking. Get you back on your feet financially.

  Free mortgage assessment, mortgage tips  

Private Mortgage Lenders Hamilton serve homeowners along the Oakville, Burlington, Grimsby, St Catharines to Niagara Falls. Going west through Ancaster To Branford or Waterdown, Dundas, Burlington.

how to structure a private money loan

There are many options but here is a mortgage tip:  No mortgage payments for 12 months private real estate loans get you fast debt relief and ways to save money on mortgage payments!  If you have equity in your home, consider this debt help in Hamilton for Ontario using a second mortgage for debt consolidation

Private money lenders and secured credit card gets you back on track

Often, by the time clients need private lenders for debt consolidation loans, their credit is so damaged that the creditors have closed all their credit cards. Or, they want to cut up their credit cards themselves thinking that will keep them out of trouble.

Don't do that, this move can't be further from the truth. Having no revolving credit (credit cards) can be worse than bruised credit. Even if you have other loans, you need a credit card to establish your credit history.

If you don't have an active credit card, you need to get one as soon as possible. Private real estate loans and a secured credit card allows you to build a solid credit rating. Many people have been declined by their bank for a credit card -- so, a secured credit card with at least $2,000 prepaid limit is your first option.


Bringing Bad credit mortgage broker Experience to your problem

Private mortgage lending in Ontario Canada is a viable source of short term lending. But, it must be the right solution for you with a good exit strategy and a plan to get you back on your feet.

Whether you need to pay off expensive debt, renovate your home or to buy a rental property, you get the money fast with private real estate loans.

Private money lenders focus on the equity and the quality of your home and the area (35,000 population or higher - rural areas up to 65% of property value). If your house and area is marketable and you have enough equity a private money lender will likely overlook your bad credit issues. This is provided that the money you're borrowing will resolve your problems.

Private hard money loans are short-term solutions, usually 1 year. They must be paid back or renewed at the end of the term. During this term, private mortgage lenders Canada want you to take steps to resolve your credit problems so that at the end, you can move into a lower interest rate mortgage. Here are some of your options at the end of your term:

  • Saving for renewal fees and renewing for another year,
  • Refinancing a home mortgage by improving credit, employment situation, etc.,
  • Make a decision to sell the home.

I love helping clients rebuild financially

Private mortgage lenders for bad credit go beyond the banks and even a bad credit score mortgage. Frustrated clients often say their bank turned them down for a mortgage and they feel their situation is impossible - not true, even if everyone said NO, private mortgage lenders Ontario may help if there is enough home equity and you can make mortgage payments.

Mortgage assessment by a knowledgeable hard money broker is your first step to understanding private hard money loans. 

If your financial situation has become serious and you need short-term bad credit home financing, private bad credit lenders will give you the help you need. It's the easiest and fastest way for you to access tax free equity in your home for the cash you need to use as you see fit.

Marie Copeland FSU, Hamilton mortgage broker help with your private real estate loans Ontario.

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*Lenders change their products and interest rates regularly and without notice. Always check for lender updates.

Axcess Mortgage and Loans Financing Co. Ltd. | FSRA 10420

1 (905) 537-8815

Banks and AAA lenders pay us for your service. Some alternative mortgage financing and all private mortgage broker fees are payable by clients.