Renfrew Collingwood Private Mortgage Lenders

Are you getting turned down by your bank for financing on your home? Our private home equity loans may be your answer.

Private Lenders in Renfrew Collingwood will come through on hard mortgages.

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

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

24 Hr Approvals

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24 Hr Approvals

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

  • Answers in 24 hours. Quick, same day approvals.
  • Save time comparing lenders. Let us do all your legwork for you.
  • Aligned with biggest brokers in Canada. Access our long lenders list.
  • Pre-approval (some optional programs available)
  • We have strong success record. History for producing results in industry.

You must be a current homeowner.

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

Our Renfrew Collingwood Private Lenders may just be the answer you are looking for.

Private lenders are not regulated quite the same way as banks. Private mortgage lenders to Renfrew Collingwood homeowners will look to serve your financial needs, regardless of your current personal financial circumstances.

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

Private lenders write standard mortgages.

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

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

It’s not always about a credit history issue.

Your income, age or credit history 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 who invest in Renfrew Collingwood properties want to help make it all work in your favour.

FAQ

Private mortgages are actually common, if you have not heard of this option. It is a financial arrangement between a private, individual lender providing financing using the equity on your home.

This is a very common way of lending within families, friendships and personal relationships where profits are generated 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 a variety of reasons. Those may include low or poor credit scores or a possible history of missed payments.

Private lenders are much easier to work with than going through traditional institutions. They do not approve your loan based on credit scores or income. Loans are approved fast 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 BC to be licensed if writing less than 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 when providing loans to borrowers with lower credit scores or inconsistent income. This risk is reflected in interest rates that will be a little higher than those paid through the banks.

Private Lenders in Renfrew Collingwood might be your quickest path for securing your mortgage.

Show me how

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

What defines a private lender home equity loan?

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

Renfrew Collingwood Private Mortgage Lenders are providing alternative solutions through less stringent qualifying factors when banking institutions are turning you away.  

5 Good Reasons For Connecting With Us:

1) Do you need capital for starting your new Renfrew Collingwood business ?

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 totally embrace your vision, see your numbers and show a little more understanding than the banks.

If you are starting up a new business in Renfrew Collingwood and you need some equity based financing, get in touch with us.

Business loan inquiry

2) Has a Renfrew Collingwood investment property recently caught your eye?

Our Renfrew Collingwood Private Lenders and investors are much more open-minded than banks and flexible when crunching your numbers on rental properties to leverage additional income.

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

You don’t know if you don’t ask.

Investment loan inquiry

3) You sold your house and your dream house just came on the Renfrew Collingwood market?

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.

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

Get your deal closed.

Inquiry for bridge loans

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

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

We all know there are many advantages for the self-employed. Acquiring mortgages is not always one of them.

Renfrew Collingwood Private Lenders may provide your creative solutions if self-employed.

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

Let’s see if our private lenders can help.

Self-employed loans

5) Bankruptcies, low credit scores or bad credit?

Sometimes, life happens. Bankruptcies, low credit scores or bad credit can take a toll on anyone.

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

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

Let’s take some pressure off

Renfrew Collingwood 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.