Private Lending – 1st and 2nd Mortgages
Private Lending – 1st and 2nd mortgages up to 90% LTV, equity financing, no income verification.
We have over 14 years of experience in private lending. We have a database of private investors and lenders that can provide you with rates as low as 5%. Our investors and lenders can close deals more quickly and efficiently than the major banks since approvals are based on the equity in the property. Some of our clients prefer private financing due to our quick approval process and our ability to release their funds fast with a few conditions. Contact us now to gain access to our investors.
Our funds may be used for the following:
– equity take out
– debt consolidation
– purchases
– business loans
– investment
– closing cost
– bridge loans
– commercial properties
Here is an outline of some of our private mortgage investors:
Equity Lenders
– First mortgages up to 80% LTV
– Second mortgages up to 85% LTV
– Values determined by market evaluation or appraisal
– Properties located in the Greater Toronto Area, Greater Hamilton Area, Niagara
– Quick closings
– As quick as same day or 24 hour response time
– Equity in the property is the main determining factor
Active Private Residential Lender 1:
– Second mortgages up to 85%
– Properties located in the GTA
– Lender will inspect and evaluate the property personally
– Quick closings
– Funds immediately available
Active Private Residential Lender 2:
– Second mortgages up to 90%
– Townhouses, detached, semi-detached and condos
– Properties located in the GTA
– Personal inspection of properties (no appraisal needed)
– Quick closings
Active Private Residential Lender 3:
– First or Second mortgages up to 75%
– Appraisals required
– Rates starting at 6.25%
– Properties located in the GTA
Commercial Lender Criteria:
– First and Second mortgages on commercial and residential properties
– Construction and Short Term Bridge financing
– Commercial including retail, industrial, office and land
– Investment properties & mixed use
– Additional properties call to inquiry
– Lending Range: $50,000 to $10,000,000.00
– Loan to Value Ratios: Commercial up to 75% Residential up to 80%
– Term: 1-2 Years
– Closing period: 3-30 days
– Turn Around Time: 24-48 hour on average to a maximum of 5 days
– Loan Area: Greater Toronto Area and 2 hours outside of Toronto