Chinatown Private Mortgage Lenders

Are you getting turned down by the banks for financing on your home? Private home equity loans may just be the answer you are looking for.

Private Lenders in Chinatown come through on hard mortgages.

Kitsilano Private Lenders providing home mortgages aren’t really much different than traditional home loans other than where the source of your money is coming from.

The benefit for the loan provider is a higher return on investment while the benefit for the borrower is a more reasonable requirement to qualify for your funds.

24 Hour Approvals

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24 Hour Approvals

What makes us stand out above all other private lenders?

  • Get answers in 24 hrs. Quick, same day approvals.
  • Save your time searching out lenders. We do all your legwork .
  • Aligned with largest brokers in Canada. Access the largest trusted lenders list.
  • Pre-approvals (optional programs)
  • Strong success record. History producing results in the industry.

You must be current homeowner.

Our private investors and private lending bodies have more flexible lending processes. They are never as lengthy or stringent as conventional banks. We can usually provide a private mortgage if you are a homeowner and you have remaining equity.

Our Private Lenders in Chinatown may be your answer.

Private lenders are not controlled quite the same way as banks. Private mortgage lenders to homeowners in Chinatown will be interested in serving your financial needs, regardless of your current personal financial circumstances.

For private lenders, it is about your equity and risk they take when coming through. Really much different than the banks cater to with much more demanding requirements.

Our private lenders all write standard mortgages.

Our lenders work through licensed mortgage agents and real estate lawyers negotiating client contracts. They comply with standard mortgage regulations.

If you have recently been turned down by the banks for financing your home, a Chinatown private home equity loan may be an option for you.

It’s not always about a credit history issue.

Your age, income or credit history does not necessarily work against you qualifying for your loan. If you have a history of debt, you usually get declined by the banks.

Our private lenders who invest in local Chinatown properties want to help make it work out in your favour.

FAQ

Private mortgages are really very common, if you have never heard of this option. They are a financial arrangement between a private, individual lender providing financing leveraged by the equity of your home.

This is a very common form of lending within families, friendships and personal relationships where profits are leveraged from the interest applied.

Traditional lenders are not as flexible as private lenders who will be willing to work with borrowers for a variety of reasons. Those may include lower or poor credit scores or a history of missed payments.

Traditional lenders are never as adaptable as private lenders willing to work with borrowers for many reasons. Those often include low or poor credit scores or a history of missed payments.

Our private lenders are much easier to work with than going through traditional banks. Your loan is not based with your credit score or income. Loans are approved quickly based on the equity of your home. If you have sufficient equity in your home, you will be approved!

There are no requirements for private lenders in British Columbia to be licensed if writing less than 10 mortgages annually. The BC Financial Services Authority (BCFSA) regulates the BC mortgage industry as a whole.

There is increased risk for lenders providing loans to those with inconsistent incomes or lower credit scores. This risk is reflected in interest rates that will be higher than those you would pay through the banks.

Chinatown Private Lenders could be your quickest path for securing your mortgage.

Find out how

Loans are available from $70k O.A.C.

What defines a private lender home equity loan?

A private equity loan is calculated on the available equity and value of your home when requesting a new mortgage, refinancing your old mortgage or approving a second mortgage.

Chinatown Private Mortgage Lenders are providing alternative solutions through less demanding qualifying factors when banking institutions keep turning you down.  

5 Good Reasons to be Connecting With Us:

1) Need capital starting your new Chinatown business venture?

Start-up capital for a new business venture can often be leveraged through a private home equity loan.

Many private lenders have gone down similar paths in lives. They may embrace your vision, see your numbers and show you a lot more understanding than the banks.

If you are starting a new business in Chinatown and you need some equity based financing, just reach out and get in touch with us.

Business loan request

2) A Chinatown investment property caught your eye?

Our Chinatown Private Lenders and investors are much more open-minded than financial institutions and flexible crunching your numbers on a rental property for generating additional income.

They discern opportunities for cash flow and value working with you for the mutual benefit achieved by both.

You will never know unless you ask.

Let’s discuss investment loans

3) You sold your house and your dream home just popped on the Chinatown market?

You just closed a solid offer and finally sold your house. Suddenly, the perfect home listed in an area you have always loved was just put up on the market.

Bridge loans are short-term solutions for leveraging your home equity on the down payment of your new home when you have a firm offer in place.

Get your deal closed.

Inquiry for bridge loans

4) Are you self-employed and your banks all turning you down?

Challenging times often birth new opportunities for those stepping into a life long-time dream of starting their own business.

We all know there are many advantages when you are self-employed. Qualifying for mortgages is not always one of them.

Chinatown Private Lenders can provide you with creative solutions if self-employed.

If you operate your own business and you need funding or a mortgage, reach out to us.

Let’s see what our private lenders may have to offer you.

Self-employed loan request

5) Bad credit, low credit scores or bankruptcies?

Sometimes, life happens. Bad credit, low credit scores or bankruptcies can take a toll on anyone.

If you have had severe credit issues and are challenged proving your income, our private lenders may be a good fit and option worth looking at.

Our lenders invest in Chinatown, Yaletown, Mt Pleasant, Fairview, Grandview Woodland, West End, Dickens, Knight and the Greater Vancouver Area.

Let’s get the pressure off

Chinatown Private Lenders

We serve all of British Columbia

Call: 778-652-2788

We can help.

Schedule a call.

Information is only used to directly contact you back.