Getting a Private Mortgage to Buy Your Home
If you’re an investor, a non-resident of Canada, dealing with a credit challenge, or simply looking for some short-term financing that has no penalties – we can help! At Ross Taylor & Associates, we go through all your private mortgage options while providing you with years of insight and expertise to help you find exactly what you’re looking for.
What is a private mortgage?
Most people have heard of private mortgage lenders but don’t really know what they are or how they work. Private mortgage loans can be a viable, alternate financing source for borrowers and are typically a high-return investment opportunity for investors. It’s also an option if you’re unable to qualify for a mortgage with a financial institution (bank, credit union or trust company).
A private mortgage is typically offered by either a Mortgage Investment Corporation (MIC) or directly by wealthy private investors (individually or syndicated). It’s important to note that private mortgages are more expensive than traditional mortgages and tend to be for shorter terms.
How our private lenders can help you
- Debt Consolidation
- Tax Arrears
- Stopping Power of Sale
- Restructure of Financing
- Mortgage Arrears
- Major Home Renovations
- Unique and “Non-conforming” Properties
Think a private mortgage could be a good fit? We’ll happily assess all your options to help you find exactly what you’re looking for.
Learn more about your private mortgage options today
We provide customized solutions with proven results, the best rates, and trusted lenders.