Killarny Private Mortgage Lenders

Have you been turned down by your bank on financing for your home? Private home equity loans may just be the answer you are looking for.

Our Private Lenders in Killarny can come through on hard mortgages.

Kitsilano Private Lenders providing home mortgages aren’t really that much different than traditional home loans outside of where the source of your funds are originating from.

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

24 Hour Approvals

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Schedule a call.

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24 Hour Approvals

What makes us stand out from all the other private lenders?

  • Get your answer in 24 hrs. Quick, same day approvals.
  • Save your time searching out lenders. We do all your legwork for you.
  • We’re aligned with biggest brokers in Canada. Access the largest trusted lender list.
  • Pre-approval (optional programs)
  • Our track record is strong. Results producing history in our industry.

You must own your own home.

Private mortgage investors or private lending bodies have more flexible lending processes. They are not as lengthy or stringent as conventional banks. We can usually provide a private mortgage if you own your home and you have remaining equity.

Our Private Lenders in Killarny may just be your answer.

Private lenders are not regulated the same as banks. Private mortgage lenders for homeowners in Killarny will be interested in serving your financial needs, regardless of your existing personal financial situation.

For our lenders, it is about your equity and risk they consider to come through. Much different than the banks cater to with stringent requirements.

Our private lenders all write standard mortgages.

Our lenders all work through licensed mortgage agents and real estate lawyers negotiating contracts. They submit to standard mortgage regulations.

If you have recently been rejected by your bank on financing your home, a Killarny private home equity loan may be your answer.

It’s not always about a credit history issue.

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

Private lenders investing in Killarny properties are interested in helping you make it all work in your favour.

FAQ

Private mortgages are very common, if you have not heard of this option. It’s simply a financial arrangement between a private, individual lender who provides financing using the equity of your home.

This is a very common way of lending between families, friendships and personal relationships where profits are acquired 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 not as adaptable as private lenders willing to work with you for alternative reasons. Those can include lower or poor credit scores or a history of missed payments.

Private lenders are much easier to work with than through traditional banks. Your loan is not based based on credit scores or income. Loans are approved quickly based on the equity of your home. If you have sufficient equity you will get approved!

There are no requirements for private lenders in BC to be licensed if writing under 10 mortgages per year. The BC Financial Services Authority (BCFSA) regulates the BC mortgage industry as a whole.

There is an increased risk for lenders providing loans to people 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.

Killarny Private Lenders could be your quickest path to getting your mortgage.

Loans available starting at $70k O.A.C.

What exactly are private lender home equity loans?

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

Our Killarny 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 for starting your new Killarny business venture?

Start-up capital for a promising new business venture is often leveraged through private home equity loans.

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

If you are looking to start a new business in Killarny and you need equity based financing, just reach out and get in touch with us.

2) A Killarny investment property caught your eye?

Our Killarny Private Lenders and investors are much more open than financial institutions and flexible crunching your numbers on a rental property to generate additional income.

They recognize opportunities for cash flow and are willing to work with you for the mutual benefit gained by both.

You will never know if you don’t ask.

3) Your house sold and the home of your dreams just popped on the Killarny market?

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

Bridge loans are simple, short-term solutions for leveraging your home equity on the down payment of your new home when you have a firm sale agreement on the table.

Go close your deal.

4) You are self-employed and your banks all turned you down?

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

There are many advantages when you are self-employed. Obtaining mortgages is not always one on the list.

Killarny Private Lenders can provide your creative solutions if you are self-employed.

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

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

5) Bad credit, bankruptcies or low credit scores?

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

If you’ve had severe issues with your credit and are challenged proving your income, our private lenders may be the option worth looking at and fit for you.

Our lenders invest in Killarny, Champlain Heights, Renfrew Collingwood, Renfrew Heights, Knight, Dickens, Mt Pleasant, Marpole and the Greater Vancouver Area.

Killarny Private Lenders

We serve all of British Columbia

We can help.

Schedule a call.

Information is only used to directly contact you back.