Private Mortgages
Flexible private mortgage solutions for borrowers who need alternatives to traditional bank lending.
Private mortgages are funded by individual investors or private lending institutions rather than traditional banks. They offer flexibility for borrowers who may not meet conventional lending criteria due to credit challenges, non-traditional income, or unique property types. Private mortgages are typically shorter-term (1-3 years) and are designed as a bridge to get you back on track financially.
Who Is This For?
- Borrowers with credit challenges or recent credit events
- Self-employed individuals with non-traditional income documentation
- Those needing fast financing with a quick closing timeline
- Homeowners facing power of sale or foreclosure situations
- Buyers purchasing unique or non-standard properties
Common Goals
- Secure financing when banks have declined the application
- Stop a power of sale or foreclosure process
- Bridge the gap while rebuilding credit
- Access equity quickly for urgent financial needs
- Purchase a property that does not meet conventional lender criteria
How It Works
We review your situation, property details, and goals to determine if a private mortgage is the right solution.
I connect you with vetted private lenders who match your specific needs and property type.
We structure the mortgage with clear terms, ensuring you understand the rate, fees, and exit strategy.
I help you plan the transition from private to conventional lending as your situation improves.
Important Considerations
- *Private mortgage rates are higher than conventional rates due to increased risk to lenders.
- *Lender fees and broker fees typically apply and are deducted from the advance.
- *Private mortgages are typically short-term (1-3 years) with the goal of transitioning to traditional financing.
- *An exit strategy should be planned from the start.
Private mortgages carry higher interest rates and fees than conventional mortgages. Subject to lender approval and property appraisal. Terms vary by lender. This is not an offer to lend.
Ready to Get Started?
Free consultation, no credit check. I search 65+ lenders and 7,000+ solutions to find your best fit.
Subject to lender approval. O.A.C.
Typical Documents Needed
- Government-issued photo ID
- Property appraisal (or we arrange one)
- Current mortgage statement (if applicable)
- Property tax bill
- Description of the situation or need
- Any available income documentation
Related Solutions
Advertising Disclosure: Michael Noble Green, Mortgage Agent Level 1 (Licence #M21002443) at 8Twelve Mortgage Corp. (Brokerage Licence #13390). All mortgage products and services are subject to lender approval. O.A.C. Rates and terms are subject to change without notice. This page is for informational purposes and does not constitute a commitment to lend.