Frequently Asked Questions

Do you have questions? We have the answers! Here are a few commonly asked questions from folks. Just click on the question below and you’ll be taken to a page with the answer. And if you don’t see your question here, just call us at 647-393-7222 and we’ll be happy to help!

1) When should a homeowner consider a private lender when searching for a mortgage?

2) What sort of interest rate should a person expect to get on a private mortgage?

3) Is now a good time to borrow money with a home equity loan?

4) What are the benefits of a private mortgage?

5) Will a private mortgage be issued for a two or three year term?

6) What documentation do I need for a private mortgage approval?

7) Is an appraisal a requirement?

8) How hard is it to qualify for a private mortgage? What is the turnaround time?

9) Can I use the same lawyer as the private lender to save on legal fees?

10) What is the highest loan-to-value ratio that I can qualify for with my property?

11) Breaking your first mortgage to refinance. Should you do it?

12) When should a person consider a debt consolidation loan?

13) What are some considerations for a first-time home buyer?

14) Cash Back and its Utility

15) Home Loan Terms to Consider

16) 7 Things to consider when completing your mortgage application

17) Etobicoke Housing Market Update for Homebuyers

Lenders we work with

Private Lenders