" Private, Interim and Bridge Financing available now
at best rates and terms. "
Private mortgages are mortgages held by non-commercial lenders such as single individuals, groups of individuals, private partnerships or corporations.
It provides a solution for those who cannot qualify for conventional financing for reasons like insufficient income, problems with job or credit history, property location, etc. Private lenders consider the type of security, the equity it has, and the circumstances surrounding the borrower's situation. Sometimes, it can provide an alternative to paying high insurance premiums in insured mortgages. It is also recommended in cases where borrowers will need to pay high pre-payment penalty amounts when they may have to refinance or pay off an existing mortgage at an earlier time.
The best thing to do is to contact us to see if this will work for you. Depending on your situation, we can recommend the most cost-effective solutions tailored to your needs. Simply contact us at 1-888-853-8372 or send us email at contact@canadamortgagehub.com.
