Private Mortgage Lending

Are you having a hard time getting approval for your refinance applications, second mortgages or equity take out loans on properties that you already own? Is your existing lender making your loan renewal difficult or rejecting your application outright? Have you had a financial emergency that means that you need extra capital, either for your personal needs or for your small business? Private lenders are individuals and companies that are looking to invest in situations like yours, giving you the funding that you need despite the fact that the banks may not work with you. The interest rates are often higher with private loans, and the terms are often shorter, but these vehicles can make the difference between taking advantage of growth opportunities in your business and falling into stagnation, or between having the funds you need to meet your current situation and having matters continue to spiral out of control.

Private Mortgage Articles

Check out our wealth of articles about various aspects of private lending. We also have a list of Frequently Asked Questions about the bottom of this page. If you decide that private lending could be right for you, please reach out to us via phone, email or live chat. If this seems right for your situation, you can submit a pre-qualifier online.

Superpriorities and Mortgage Lending Transactions

If a lender is going to provide funding with real property as its security, that lender will almost always have thorough familiarity with the due diligence that the borrower and the property go through before the loan goes to closing. The purpose of this due diligence is to make sure ...
➤Read More

Benefits of Private Financing Mortgages

One of the most frequently broached topics in the financial news is the fact that more and more people seem to be lacking enough money in their retirement fund for their days after they stop working. While personal debt appears to be on the decline, personal saving does not appear ...
➤Read More

How Prepaid Interest Works on Private Mortgages

Obtaining a mortgage in Canada can present a number of challenges to investors and homeowners. Thanks to recent changes in national law, potential borrowers have to go through what is known as a “stress test” to see that they can not only pay their potential mortgage under the prevailing interest ...
➤Read More

The Basics of Private Lending – for Lender and Borrower

A private mortgage can be a great way for a property owner to obtain quick equity from their property or a person who wants to escape the rent cycle and has a sizable down payment saved away to do so and has the means to make monthly payments. In both ...
➤Read More

Private Mortgage and finance options in Canada

Although most Canadians have heard about private mortgages in Canada, they have only little concept or knowledge about what are private mortgages and how they work. In simple terms, private mortgages can be the perfect alternative source of financing for money borrowers. For investors, they’re usually a high return on ...
➤Read More

Refinancing FAQ – PRIVATE 2ND MORTGAGE, EQUITY LOANS

What is the Difference between a Second Mortgage and a Home Equity Line? Answer: There are a few between second mortgage and home equity lines of credit. Second mortgage offer fixed rates for a fixed term. Home equity lines of credit have rates that fluctuate with the prime rate for ...
➤Read More

4 KEYS TO UNDERSTANDING BANK STATEMENTS & PRIVATE MORTGAGES

Everyone knows that Private Mortgage Loans are more flexible and easier to attain than a traditional mortgage. Aside from the property, one of the key documents reviewed when using private lenders are the bank documents. The 4 Keys when reviewing bank statements are... 1. Consistency 2. NSFs 3. Irregular Activity ...
➤Read More

Private Mortgage Funding

Looking for Private Mortgage Funding? If you have been looking around for private mortgage funding sources, you have more options then you think. To purchase a home, you likely do not have all of the money on hand you need to buy it outright. The majority of people go to ...
➤Read More

A Lenders, B Lenders and Private Lenders in Canada

The start of 2018 meant, in Canada, the beginning of government-ordered “stress tests” to institutions that wanted to offer home loans. The end result was an increase in the difficulty for most potential borrowers to qualify for a mortgage. The price boom throughout much in Canada, particularly in such large ...
➤Read More

Private Mortgage Lending Most Common Questions

If you are trying to take out a mortgage to buy that new house, but you’re having a hard time getting financing from a traditional lender, a private lender can step in and get you into that home with a short-term note that gives you the time to get your ...
➤Read More

10 Things Private Lenders Need to Know

If you are having a hard time securing financing through conventional means, then a private lender can end up saving the day for you. Whether you have poor credit but think you can clean up your record in a few years or need funding to rescue you from the throes ...
➤Read More

Private Mortgage Loan Lenders in Canada

Are you a Canadian in need of a Bad credit or Low Credit mortgage loan lender? Are Banks and Brokers saying no due to low credit score? When most people think about the process of applying for a mortgage, they think about going to a bank or other lending institution ...
➤Read More

8 TOP REASONS TO USE AMANSAD FINANCIAL PRIVATE LENDING SERVICES

8 TOP REASONS TO USE AMANSAD FINANCIAL PRIVATE LENDING SERVICES 1. Fast & Efficient Amansad Financial has a large DLGN (Direct Lender Group Network) that will fund mortgages throughout select provinces in Canada and will generally provide a response within 24 to 48 hours. Our process is generally 50% faster ...
➤Read More

Private Lending Guide

What is a Private Mortgage? A mortgage is a loan that uses the home you buy or currently own as security. This loan is registered as a legal document against the title of your property. A Private mortgage lender will either be an individual or group of private investors who ...
➤Read More