Private mortgage lenders help you finance your property when regular financing options are not possible. You may be offered a short-term real estate-backed loan for purchasing or refinancing a property. In Canada, private mortgage lenders are an innovative solution for many people and companies versus traditional financing.
1
In need of quick financing without waiting for long approving procedures.
2
Unverifiable income that obstructs getting a mortgage for your dream home.
3
Bad credit history: regular lenders for a mortgage repetitively reject you.
4
A unconventional property is turned down by a bank or a lending institution.
Considered Costs:
Appraisal fees.
Lender fees.
Monthly interest payments.
Legal fees.
AG Mortgage Team works with the most prominent private lenders in Canada to ensure that our clients receive an ethically acquired loan that suits their exact needs. We consider everything to determine if the transaction is suitable and sustainable for you and create your personalized plan.
QUALIFICATION STANDARDS
We understand that managing monthly payments can be burdensome, so we offer several ways for you to manage your monthly expenses. If the cash flow seems tight right now, we will recommend a hold back on all or part of the initial payment, so we avoid any risk.
We will study the impact of the financing plan on your total financial security.
We create and design a fully customized plan based on your ability to pay off the private mortgage, including having an exit strategy in place when you accept a private mortgage.
We handle the worst situations in your customized plan if you cannot pay off the private mortgage by the term expiration, the ability to renew the mortgage, or the cost!
Lending Partners