Marpole Private Mortgage Lenders

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

Private Lenders in Marpole come through on hard mortgages.

Kitsilano Private Lenders that provide home mortgages aren’t really much different than traditional home loans other than where the source of the funds are coming from.

The benefit for the ones providing the loan is a greater return on their investment while the advantage for the borrower is a less demanding requirement to qualify for the 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 other private lenders?

  • Answers in 24 hours. Quick, same day approvals.
  • Saving you time searching lenders. We do all the legwork .
  • We are aligned with the biggest broker in Canada. Access the largest trusted lender list.
  • Pre-qualify (some optional programs)
  • Strong success record. Results producing history in the industry.

You must be current homeowner.

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

Our Private Lenders in Marpole may just be the answer you are looking for.

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

For private lenders, it is simply about your equity and the risk they may need to take to come through. Really much different than how the banks cater with demanding requirements.

All our private lenders write standard mortgages.

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

If you have been turned away by your bank for financing your home, a Marpole private home equity loan may be an option for you.

Your credit history is not necessarily an issue.

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

Our private lenders investing in local Marpole properties are interested in helping you make it all work out in your favour.

FAQ

Private mortgages are very common, if you have never heard of this option. They are a financial arrangement between a private, individual lender providing financing using the equity on 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 lower or poor credit scores or a history of missed payments.

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

There is no requirement for private lenders in British Columbia to be licensed if writing less than 10 mortgages annually. The BC mortgage industry is regulated by the BC Financial Services Authority (BCFSA).

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

Marpole Private Lenders may be the quickest path to securing your mortgage.

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

What are private lender home equity loans?

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

Marpole Private Mortgage Lenders are providing alternative solutions through less demanding qualifying factors when the banking institutions keep turning you away.  

5 Great Reasons You Should Connect With Us:

1) Needing capital for starting your new Marpole business ?

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

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 up a new business in Marpole and you need some equity based financing, just get in touch with us.

2) A Marpole investment property been catching your eye?

Our Marpole Private Lenders and investors are much more open-minded and flexible than banks crunching the numbers on a rental property for generating additional income.

They discern opportunities for cash flow and actually value working with you for the mutual benefit gained .

You will never know if you don’t ask.

3) Your house sold and the home of your dreams just came on the Marpole market?

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

Our Bridge loans are short-term solutions to leverage the equity of your home on the down payment of the new property when you have a firm purchase in place.

Go close the deal.

4) Self-employed and the banks all turned you down?

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

There are many advantages for the self-employed. Qualifying for mortgages is not always one of them.

Marpole Private Lenders can provide your creative solutions if self-employed.

If you run 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.

5) Bad credit, bankruptcies or low credit scores?

Sometimes, life 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 a good fit and option worth looking at.

Our lenders invest in Marpole, West Side, Southlands, Granville, Arbutus Ridge, Fairview, Dickens, Knight and the Greater Vancouver Area.

Marpole Private Lenders

We serve all of British Columbia

We can help.

Schedule a call.

Information is only used to directly contact you back.