If you’re feeling overwhelmed by traditional bank lending processes or have been turned down for a mortgage, private lenders might be the solution you’re looking for.

Our private lenders are more flexible with their lending criteria, especially if you’re self-employed, have a poor credit history, or own a unique property.

They assess your financial situation holistically, focusing more on the value of your assets (like your home) and your ability to repay the loan rather than just your credit score.

This flexibility allows you to access the funds you need faster and with fewer hurdles than going through a bank.

Debt can become unmanageable when spread across multiple high-interest loans, like credit cards or personal loans. Consolidating your debt into your mortgage allows you to roll all those payments into one, often at a lower interest rate.

This not only simplifies your finances but can also save you thousands of dollars in interest payments over time. In 2024, with mortgage rates beginning to soften after a period of high rates, consolidating your debt through your mortgage is an even smarter move for many Canadians.

Owing money to the Canada Revenue Agency (CRA) can be incredibly stressful, especially if they’ve issued legal warnings or are threatening to garnish your wages.

Our private lenders will help you pay off those tax arrears by providing a mortgage that covers the amount you owe.

This way, you clear your tax debt, avoid additional penalties, and get the CRA off your back.

Plus, private lenders tend to act quickly, which is a huge plus with time-sensitive tax debts piling up.

When you’re behind on mortgage payments, your lender could initiate a power of sale, which means they’re trying to sell your home to recover the debt. If this happens, you need to act fast to avoid losing your home.

Our private lenders will help by offering a short-term loan or refinancing option to get you current on your mortgage.

Stopping a power of sale means you keep your home and buy yourself some time to get back on your feet financially.

Being behind on mortgage payments is overwhelming, especially when penalties and interest start to pile up, but there are solutions available.

If you’re in arrears, our private lenders can offer solutions such as refinancing your current mortgage or providing a second mortgage to catch up on missed payments.

By resolving your arrears, you avoid foreclosure and regain control over your home’s future. The sooner you address mortgage arrears, the more options you’ll have.

Restructuring your mortgage or loans can give you the breathing room you need if your financial situation has changed—perhaps due to a job loss, health issues, or other unexpected life events.

Our private lenders will work with you to restructure your financing, whether that means extending the term of your mortgage to lower your monthly payments or consolidating several debts into one manageable payment.

The goal is to find a solution that works for your current financial reality, making it easier to stay on track.

If you’re planning a big renovation but don’t have the cash, private lenders can help. You might be wondering how to finance your home upgrades and increase your property’s value without dipping into your savings.

Our private lenders can provide the financing you need for major home improvements, whether you’re updating a kitchen, adding a bathroom, or finishing a basement.

With real estate prices still relatively high in many parts of Canada, investing in your home can pay off in the long run. Renovations can increase your home’s value, and the right financing can make those big projects a reality without draining your savings.

If you own a unique or non-conforming property—something that doesn’t fit the standard mold, like a tiny home, a rural property, or a mixed-use building—you might struggle to get financing from traditional lenders.

Our private lenders are more open to funding these types of properties because they look beyond the conventional criteria used by banks.

So whether your property is outside city limits, off the grid, or just a little out of the ordinary, private lenders can help you secure the financing you need.

Our private lenders in Canada offer flexible and tailored solutions when traditional banks can’t or won’t.

Whether you’re consolidating debt, dealing with mortgage arrears, or funding a renovation, these lenders provide opportunities to regain financial control, often with quicker turnaround times.

Of course, these solutions often come with higher interest rates, so it’s important to assess your ability to repay before jumping in. But when used strategically, private lenders can be the key to unlocking your home’s financial potential.