When traditional mortgages are not an available option, consider getting a private lender to finance your real estate investment. When you’re ready, I will connect you to several private lenders from my network so you can meet one that meets your financial needs.
What is a private lender?
A private lender is a neutral third party with the capability to finance investments in various markets, including real estate. They usually require less requirements than banks and have less stringent application processes. Some of the loans they offer include first mortgages, bad credit mortgages, and home equity loans.
When to go to a private lender
Private lending is a great alternative for those who are seeking non-traditional means to finance their transaction. Some of the reasons behind such a situation often include the following:
- Your credit history or credit score fails to meet public lender or bank requirements
- You have a shorter timeline and need to secure financing as soon as possible
- You might prefer a fully online lending experience
- You want a simpler loan application process
- You want more control or room to discuss and negotiate loan terms
My extensive experience and years dealing in real estate has enabled me to meet and nurture a network of trusted private lenders across the York Region and Greater Toronto Area. We will carefully go through each candidate to find the private lender that meets your unique requirements perfectly.
Whether you decide to pursue private financing or otherwise, having a private lender on your Rolodex is useful for any real estate investor. Send me an email or call 416.994.7637 to learn more.