Has your bank turned you down? Or are expecting they will?
It seems like mortgage rules change every day. Announcements from the Federal government, changes in mortgage rates; it can be tough to stay on side of the rules when you’re trying to get a mortgage.
Private funding for real estate is easier to qualify for than conventional mortgage due to the fact it is almost solely based on your home’s equity.
Private funding for real estate is also a legal agreement between two parties that aren’t financial institutions (such as a bank), where one party agrees to lend the other one money in return for repayment, interest and the borrower’s real estate if the loan is not paid back.
We specialize in providing funding solutions and assistance for individuals who have been turned down by the bank, either due to proof of income issues (ie self-employed), bruised credit, past bankruptcy, or mortgage payments in arrears.
For over 15 years, we’ve work closely with a network of lenders to ensure that our client’s needs are met, and to provide a helping hand on the path to financial freedom. We can help with private funding with:
- Proof of income issues
- High 1st mortgage payout penalty
- Job loss
- Bad credit
- Consumer proposal
- Debt consolidation mortgage
- Second mortgage consolidates all debt and gives you payment relief
- You have a unique property, raw land, second property, or a non- conforming first or second property
We provide a range of financing options that helps to those of you that do not meet the banks’ rigid lending rules.