Private Mortgage
Private mortgages offer advantages for both borrowers and lenders. Borrowers may access financing that is not available through traditional institutions, while lenders may earn higher interest rates and potentially generate significant returns. Private mortgages are an optimal choice for short-term loans, quick funding, or for obtaining a 2nd or 3rd mortgage.
Purchase a owner-occupied home or investment properties:
Private 1st Mortgage
· Rate starts at 4.99%, funds can be funded quickly
· Low down payment and low credit score are both acceptable
Suitable for quick closing, urgent business needs, renovation, delayed bank approval, debt consolidation, self-employed/salaried, etc.
Private 2nd Mortgage
· Starting from 6.99%, funds can be funded quickly
Suitable for obtaining down payment for existing home for a new purchase, low credit score, quick closing, urgent business needs, renovation, delayed bank approval, consolidation, self-employed/salaried, etc.
APR FROM 10%
*The Annual Percentage Rate will be higher than the Annual Fixed lInterest Rate as it includes the Lending Fee & Costs