Private Mortgages And You
Having problems securing a mortgage? You’re not alone. There are many reasons why someone may fall outside of the borrowing guidelines of institutional lenders.
Whether you have less than perfect credit, a reduced income, or a life event that has impacted your current financial situation, a private mortgage may be an option for you.
We’ll sit down with you and discuss your current situation, and we’ll look into financing options that may be suited to your needs.
Typically private lending solutions are for a short term, ie 12 month term and open after a certain time period so you can pay off the private funds with conventional lending once your situation has improved, without a penalty.